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Commercial Real Estate: Walmart and Macy's Shut Down Stores Nationwide

Two of America's largest retailers have recently announced store closures and lay offs. Walmart is closing 269 stores nationwide, including stores under the Express, Neighborhood Market and Supercenter names. Macy's is also closing 40 stores in the early part of 2016.The said closures are forecasted to create a "domino effect" for malls. Once large stores like Macy's and Sears close, it will be hard for mall owners to replace them, related Davidowitz & Associates Chairman Howard Davidowitz.

Retail Vacancies in Soho on the Rise

Soho, one of New York's largest and trendiest shopping districts, seems to be as busy as ever. During weekends, retail stores along Broadway and West Broadway, are teeming with New Yorkers and tourists but behind the robust activity, numbers reveal that retail vacancies in the neighborhood are on the rise.

New Real Estate Rules Implemented; High-end Property Investors Will Have a Hard Time Keeping their Real Estate Transaction Private

This is now the main issue in cash purchases among real estates since the new rule has been laid on Wednesday by the Financial Crimes and Enforcement Network (FinCEN). Looks like it would be much difficult to keep oneself private these days when it comes to real estate.