Good morning, investors. In today’s commercial real estate news, some retailers still succeed as Amazon grows, the Feds plan to raise interest rates, and Illinois realtors come out against rent control.
Amazon may be eating the retail pie, but there are still thriving businesses grabbing slices. Some of the winners include Ulta Beauty, Lowe’s, and O’Reilly Automotive. Read the article to find analyst’s thoughts on the companies.
It’s not quite LA’s Measure S, but Illinois real estate agents are coming out against a bill that could lead to rent control. Illinois realtor associations claim the bill will have many negative effects for property owners, tenants and taxpayers.