1. Mobile ordering is a centerpiece of Burger King’s new design (BD+C)
"The first new designed restaurants will be built in Miami (Restaurant Brands’ headquarters city), Latin America, and the Caribbean islands. Restaurant Brands did not disclose when the new designs would be extended to other cities in the U.S. Burger King has 18,756 locations in more than 100 countries, nearly all of which are independently owned franchises."
2. Property values face collapse as more hotels hit the market (American City Business Journals via National Real Estate Investor)
"More San Antonio hotel owners may be compelled to sell at reduced rates as loan payments become tougher to cover."
3. How lenders are helping AEC firms cross COVID hurdles (Commercial Property Executive)
"Financially stable architecture, engineering and construction firms have been able to roll with work stoppages and workforce issues, says Phillip Ross of Anchin."
4. SURVEY: 63% of the Empire State's restaurants could be gone 'In A New York Minute' by 2021 (Bisnow)
"Nearly two-thirds of New York’s restaurants are on track to close by the end of 2020 and over half of those restaurants are likely to do so within the next two months. Just under 64% of some 1,042 restaurants across the state said they would close by New Year’s Day without monetary assistance and 54.8% said they would be forced to close by Nov. 1, according to a survey conducted by the New York State Restaurant Association and released Thursday."
5. New digital weapons in the apartment amenities arms race (Propmodo)
"The amenities arms race. That is what the real estate industry loves to call the escalating level of services offered by apartment buildings. For decades in the country’s hottest luxury rental markets property owners have been investing outside of their units, providing all kinds of high-end facilities and high-touch services. In these competitive markets, gyms become closer to fitness clubs than weight rooms, doormen are more like concierge than security, and common areas more closely resemble private lounges than they do motel lobbies."
6. Rent collection high In most asset types, Marcus & Millichap finds (Commercial Property Executive)
"While in some sectors more than 95 percent of tenants are meeting their rent obligations, some retail assets continue to struggle."
![](https://marvel-b1-cdn.bc0a.com/f00000000067087/www.bdcnetwork.com/sites/default/files/imce/2020-04/BDC_Daily5_700x300_v1.png)
Related Stories
Market Data | Jul 16, 2019
ABC’s Construction Backlog Indicator increases modestly in May
The Construction Backlog Indicator expanded to 8.9 months in May 2019.
K-12 Schools | Jul 15, 2019
Summer assignments: 2019 K-12 school construction costs
Using RSMeans data from Gordian, here are the most recent costs per square foot for K-12 school buildings in 10 cities across the U.S.
Market Data | Jul 12, 2019
Construction input prices plummet in June
This is the first time in nearly three years that input prices have fallen on a year-over-year basis.
Market Data | Jul 1, 2019
Nonresidential construction spending slips modestly in May
Among the 16 nonresidential construction spending categories tracked by the Census Bureau, five experienced increases in monthly spending.
Market Data | Jul 1, 2019
Almost 60% of the U.S. construction project pipeline value is concentrated in 10 major states
With a total of 1,302 projects worth $524.6 billion, California has both the largest number and value of projects in the U.S. construction project pipeline.
Market Data | Jun 21, 2019
Architecture billings remain flat
AIA’s Architecture Billings Index (ABI) score for May showed a small increase in design services at 50.2.
Market Data | Jun 19, 2019
Number of U.S. architects continues to rise
New data from NCARB reveals that the number of architects continues to increase.
Market Data | Jun 12, 2019
Construction input prices see slight increase in May
Among the 11 subcategories, six saw prices fall last month, with the largest decreases in natural gas.
Market Data | Jun 3, 2019
Nonresidential construction spending up 6.4% year over year in April
Among the 16 sectors tracked by the U.S. Census Bureau, nine experienced an increase in monthly spending, led by water supply and highway and street.
Market Data | Jun 3, 2019
4.1% annual growth in office asking rents above five-year compound annual growth rate
Market has experienced no change in office vacancy rates in three quarters.