National Commercial Real Estate News From CoStar Group
Rising Interest Rates Pose First Big Challenge to Emerging Single-Family Rental REITs
The juxtaposition served up in the single-family rental market last week couldn't highlight this fledgling business any better.
With the low cost of borrowing and a housing market in the doldrums, yield-starved institutional investors have poured cash into acquiring buckets of REO single-family assets - more than 65,000 such properties in the past two years - in hopes of profiting from the disconnect in pricing to former value. But because of the...
Restaurants Find Less Is More (Profitable) When it Comes to Square Footage
When it comes to burgers, bigger is better. But when it comes to burger joints, some believe it's better not to be too big.
Take MOOYAH Burgers, Fries and Shakes, a Plano, TX-based chain with a signature build-it-yourself, double-beef patty sandwich that is adding locations across the country. Bill Spae, CEO/president of MOOYAH says 'big' box is not necessarily the 'best' box to operate within.
MOOYAH has created two restaurant models: one for...