Peter L. Block

Secondary & teritary IL · IA · IN · KY
Retail Investment Sales Colliers

[Peter L. Block @PeterLBlock]

This is not 2008 all over again but I am sure many are thinking that way.

The 10-year Treasury just hit its highest level since 2007 but it's not inflation!

Inflation is pretty steady at 2.35%. ITS COMPETITION FOR CAPITAL being driven by AI spending.

For those of us pricing real estate, that matters. If rates are high because capital is scarce rather than because of inflation, dont count on a quick reversal in borrowing costs or cap rates.

What do you think?

https://t.co/Q9k1MOXxcV

[Peter L. Block @PeterLBlock]

Why are today's real estate markets challenging?

The Fed's 25bp hike got the headlines. For private retail investors, watch the 10-yr near 5%. It drives borrowing costs and cap rates. When Treasuries pay ~5% with full liquidity, a net lease deal has to earn its spread. Underwrite to the 10-yr, not the Fed. #CRE

https://t.co/HFFJ7BnaFY

[Peter L. Block @PeterLBlock]

QSR value meals losing steam. What are you all seeing?

#qsr #restaurants

https://t.co/HkjyUkPFZz

[Peter L. Block @PeterLBlock]

@ScottStankavage would love to connect. How are you doing? call me cell any time or i will reach out to you. How's the family?

[Peter L. Block @PeterLBlock]

Steig's most recent report is fresh off the presses. The 2 takeaways for the midwest and the 2ndary and tertiary markets is the slight cooling in inflation and the strong small business optimism number. These markets are full of opportunities.

https://t.co/vdHxCNv3Qc

[Peter L. Block @PeterLBlock]

@realEstateTrent i have seen it and benefitted from this phenomenom.

[Peter L. Block @PeterLBlock]

@realEstateTrent Mazel tov Don. that is amazing. Enjoy and I hope everyone is healthy.

[Peter L. Block @PeterLBlock]

@TulsiGabbard prayers to all of you

[Peter L. Block @PeterLBlock]

I just got to ask if anyone else has had a terrible experience with Xfinity trying to close an account for a deceased parent? It is unbelievable that I am trying to close out the account, pay the final bill and I am getting the run around. Xfinity

[Peter L. Block @PeterLBlock]

@realEstateTrent Totally agree with you. I always say you are not in the real estate business if you are not trading properties. Do you hold a stock forever or look for better returns?

[Peter L. Block @PeterLBlock]

To good not to share

[Love Music @khnh80044]

Best video i have seen in a long while.🥺❤️

[Peter L. Block @PeterLBlock]

@realEstateTrent it truly is. there is no tolerance anymore.

[Peter L. Block @PeterLBlock]

Super cool chart from @YahooFinance showing state by state rates for mortgage rates
#cre #retwit #mortgagerates

[Peter L. Block @PeterLBlock]

Game Stop closes 17 IL stores.
#cre #retwit #Retail
Here is the full list of 17 stores closing in Illinois:

Addison, 1074 N. Rohlwing Road, closing Jan. 14
Alton, 317 Homer Adams Parkway, closed Jan. 7
Chicago, 2336 W. Cermack St., closing Jan. 14
Chicago, 1751 W. Howard St., closing Jan. 14
Cicero, 3017 S. Cicero Ave., closing Jan. 14
Dekalb, 2564 Sycamore Road, closed Jan. 7
Geneva, 1492 N. Randall Road, closed Jan. 7
Hodgkins, Quarry Outlot, 9404 Joliet Road, closed Jan. 7
Homewood, IL - Park Place Plaza, 17925 Halsted St., closed Jan. 7
Joliet, 2410 W. Jefferson St., closed Jan. 7
McHenry, McHenry Towne Center West, 2445 N. Richmond Road, closed Jan. 7
New Lenox, New Lenox Retail Center, 2344 E. Lincoln Highway, closing Jan. 14
Orland Park, Lakeview Plaza, 15864 S. La Grange Road
Round Lake Beach, Mallard Creek S.C., 716 E. Rollins Road, closing Jan. 14
Shorewood/ Joliet, Joliet Commons, 1530 Route 59, closing Jan. 14
South Elgin, South Elgin Commons, 478 Randall Road, closed Jan. 7
Tinley Park, Tinley Park Plaza, 16205 Harlem Ave.

[Peter L. Block @PeterLBlock]

Are you seeing this as well. Small box space outperforming big box space. #cre Cretwit #realestateadvice
https://t.co/qnnAvHZi6v

[Peter L. Block @PeterLBlock]

@MrPitbull07 that is truly amazing. I am so happy for you. we just had a similar miracle with our granddaughter. Oxygen deprivation at birth. In, NICU, and final result. MRI showed no problems. An absolute miracle. Prayer is a very powerful tool!

[Peter L. Block @PeterLBlock]

WIth many restaurants and retailers experiencing slower sales, @DutchBros had its 5th straight quarter of sales growth.
#Retail #Coffee #cre #retwit

https://t.co/zObLJL4CLU

[Peter L. Block @PeterLBlock]

@tacobell runs circles around its competitors.
#Restaurants #qsr #Retail #cre #retwit

https://t.co/dJ21iDe6VY

[Peter L. Block @PeterLBlock]

Long term mortgage rates dip to 6.17%. 1 year ago they stood at 6.72%
#MortgageRates #economy #FederalReserve #cre #retwit

https://t.co/9GLu3Tt4gn

[Peter L. Block @PeterLBlock]

Fed cuts rate 25 basis points. 2 dissenting opinions - one wanting a more aggressive cut and the second wanting to hold the line.
#InterestRates #ratecut #cre #realestate #retwit

https://t.co/7TZhCLGIhz