What I'm Reading Max Capacity: Prologis, the world's largest logistics warehouse operator has announced that their facilities are effectively full. Freight Waves This begs the question: even if (HUGE IF) running port operations 24/7 increases capacity, where do all of those goods actually go once they leave the ports complexes...
June 7th – Not As It Seems
One Big Thing As you can see from the Chart of the Day Below, we are finally back to 1970 levels when it comes to housing production in the United States (h/t Taylor Grant). Hooray, I guess. While things are certainly better than they were a few years ago, this...
March 18th – Liquid Diet
One Big Thing Interesting story in Globe Street early this week about ReadyCap providing $104MM in construction-to-bridge financing on a new 200 unit apartment building in San Francisco. The project had apparently been behind on leasing thanks to COVID and therefore not able to obtain permanent financing when the construction...