Weekly Perl: A Commercial Real Estate News Recap

Marc Perlof • December 20, 2024
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A man is standing at a podium in front of a group of people.

Key takeaways from the Fed’s third rate cut


The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing costs in September.

The central bank’s latest move leaves its benchmark lending rate at a range of 4.25%-4.5%, a two-year low.

A purple car is parked in front of a sauce restaurant.

KFC’s New Saucy Concept Puts Flavor and Chicken Tenders on Center Stage


KFC announced Wednesday the launch of Saucy, a new spinoff concept focused primarily on sauces, chicken tenders, and a variety of creative beverages. The unit is scheduled to debut on December 23 in Orlando.

A pepperoni pizza with a slice taken out of it on an orange background.

Report: Bain Capital Considers Purchase of 750-Unit Franchisee Sizzling Platter for Over $1 Billion


Private equity firm Bain Capital is reportedly looking to acquire large franchisee Sizzling Platter for more than $1 billion, including debt, according to Reuters.

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US Retail Closures Up 70% This Year, 1000s More to Follow


US retail is facing real challenges, with 7.1K store closures announced in 2024—up 69% YoY—led by major chains like Family Dollar and CVS.

The number 2025 is glowing in the dark on a dark blue background.

Placer.ai: Seven retail trends to watch in 2025


Legacy brands are making a comeback. And discount and dollar stores may be in for a “readjustment.”

Those are two of seven trends outlined in a new white paper from Placer.ai’s new white paper, “Retail Trends to Watch in 2025.” Key takeaways from the white paper are below.

A gym with a lot of exercise equipment and a wooden ceiling.

AI-Powered Gym “Fred Fitness” to Debut in Santa Monica


Fred Fitness Is Part of a Broader Partnership With Clever Fit and Egym, Which Recently Secured $200 Million in Growth Capital.

Fred Fitness, a gym offering fully AI-driven personalized workouts, is set to open its doors in January 2025 at 1344 4th Street. The company is backed by European fitness giant Clever Fit and powered by EGYM’s advanced AI technology.

A woman in a dress is holding two albums in her hands.

5 retailers that need a great 2024 holiday season

Some companies are coming off a tough quarter, while others switched leadership or are dealing with changing consumer behavior. But all of these retailers need a W.

There are many different types of hamburgers and french fries on the table.

BurgerFi Acquired by Owner of Savvy Sliders

The restaurant group believes the fast casual has “a ton of legs.”

Weekly Perl: A Commercial Real Estate News Recap

By Isaiah Angeles • April 25, 2025
Council wants Downtown entertainment zone to be ‘bigger, broader better’ City Council members unanimously directed staff to develop a more ambitious entertainment zone for the Third Street Promenade this week, rejecting a limited pilot program in favor of a permanent, seven-days-a-week allowance for open container alcohol consumption throughout the area.

Weekly Perl: A Commercial Real Estate News Recap

By Isaiah Angeles • April 18, 2025
The Unintended Consequences of Measure ULA We present evidence suggesting that Measure ULA has reduced higher-end real estate transactions in Los Angeles. Since Measure ULA was enacted, the odds of a Los Angeles property selling at a price above its tax threshold have fallen by as much as 50%. In raw terms, this sharp decline occurred across all types of properties, but our strongest evidence suggests it was particularly pronounced for non-single family transactions, which fell by 30-50%.

Weekly Perl: A Commercial Real Estate News Recap

By Marc Perlof • April 11, 2025
Sam’s Club in big store remodeling and expansion move Sam’s Club is ramping up its expansion along with its investments in existing stores. 
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