Peter L. Block

@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?

I don’t believe in holding commercial real estate long-term. Doing so means you are relying on two things to happen in order to get appreciation: Interest rates going down, or rents going up I don’t have control of either. “Buy and hold” made many people look very smart, when what really happened was interest rates went down for basically 40 years straight. We can very easily see rates flat for the next 10 years - nobody has any idea. If that happens, you can’t make real money unless you: Find opportunity, use your skill and experience to create value, and bank the profit.

To good not to share

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

This is absolutely wild. The fact that such a simple observation is seen as a political endorsement is wild to me beyond words. Can’t even say THIS without people getting mad and taking sides? This post was NOT about politics. We’re so divided it’s sort of scary.

NYC roads getting cleared fast. Credit where credit is due.

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

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.

Are you seeing this as well. Small box space outperforming big box space. #cre Cretwit #realestateadvice costar.com/article/569852…

@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!

For nine months, my wife, Brooklyn, carried our baby boy. And for nine months, we lived in a place between hope and heartbreak. Early in the pregnancy, we learned something was terribly wrong. Around the three- to four-month mark, doctors told us our son had severe hydrocephalus — fluid building so rapidly in his brain that it pushed everything aside. They used to call it “water on the brain,” but the simplicity of the name didn’t soften the reality. We were eventually referred to Cincinnati Children’s Hospital, where some of the best fetal specialists in the country met with us. And they gave us the kind of news no parent is ever prepared to hear. His condition was so severe, so extreme, that they stopped measuring. There was no point, they said. The MRI images were devastating. We were told there was a greater than 90% chance our son would either: • Die shortly after birth, or • Survive with such profound cognitive impairment that life — real life — would not be possible. We sat through meetings no parent should ever sit through. Conversations about breathing tubes. About how long to try. About the moment we might have to make the decision to let him go. Brooklyn moved to Cincinnati to be close to the hospital. I drove back and forth — working, caring for our daughters Sophie and Lily, and trying to keep our home standing while our world felt like it was falling apart. Then came July 8th. Just 15 minutes before Brooklyn’s C-section, we sat with doctors again and discussed when — not if — we might have to remove life support and let our son go to heaven. I don’t have words for that kind of pain. And then — Charlie Edward Schnarr entered this world crying. A strong, loud, defiant cry. The most beautiful sound I have ever heard. He stayed in the NICU until yesterday… and now we are home. Together. Holding him. Loving him. Watching him breathe. Watching him live. He has mild ventricular enlargement we will keep an eye on — but otherwise? He is thriving. Eating. Wiggling. Yawning. Gripping our fingers. Looking around at a world that was never supposed to be his. The doctors have no explanation. They said his brain somehow cleared the blockage on its own — something none of them have seen in a case this severe. The word that kept echoing through the NICU from seasoned nurses and top specialists was the same: “Miracle.” “Divine intervention.” They said it. Not us. We know thousands of people — family, friends, coworkers, strangers — were praying for our son. I believe with everything in me that God heard those prayers. That He placed His hand on Charlie. That He said, not this one. I will spend the rest of my life thanking Him. To every person who prayed for us — every text, every message, every whispered intention — thank you. You carried us when we were too exhausted to carry ourselves. Prayer is real. God is real. And miracles… they still happen. With a full and grateful heart, —Nick

WIth many restaurants and retailers experiencing slower sales, @DutchBros had its 5th straight quarter of sales growth. #Retail #Coffee #cre #retwit nrn.com/quick-service/…

@tacobell runs circles around its competitors. #Restaurants #qsr #Retail #cre #retwit nrn.com/quick-service/…

Long term mortgage rates dip to 6.17%. 1 year ago they stood at 6.72% #MortgageRates #economy #FederalReserve #cre #retwit finance.yahoo.com/news/average-l…

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 finance.yahoo.com/news/federal-r…

Mortgage rates are starting to tick down but slowly. #mortgage #ce #retwit finance.yahoo.com/personal-finan…

10 year rate currently below 4%. Will it stick?

@autozone agressively expanding domestically and internationally. #auto #cre #retwit #trends bisnow.com/national/news/…

@isaacfrench_ Super cool story.

We turned a 100-year-old Ford garage into a bakery & creamery in the middle of nowhere. It's transformed the tiny town its in, and now people drive hours just to eat here. The story: (a thread)

Retail sales and foot traffic UP. Will it continue? #RetailNews #RetailJobs #cre #retwit view.usa.colliers.com/?qs=70de6413e1…

@shawngorham It's a good point. We need to bring back the humanity. We look for what divides us, not what brings us together. #Tolerance

I want to share something deeply personal, I hope you will find the time to read this: I have some friends I attended church with in the past. They left church and started leaning left/liberal on key social justice issues where Christians have a firm stance. They became very political posting non stop on current issues like George Floyd, abortion, LGBTQ, Trump, Charlie Kirk and all other hot button topics and current events. I found myself filled with anger reading their posts. "How can they believe that?" "Are you serious?" "You are the problem with the world today" With every post more enraged but disciplined enough not to comment or engage. Based on their posts, we have nothing in common anymore. Anger filled my heart towards past friends. Then last week he called me for a Real Estate question/advice! We laughed, he was funny, he asked about all my kids, told me about his. It was a life giving 45 minute phone call with an old friend who I deeply enjoyed in the past and again in that moment. Moses has this line he said to me (many times now) "I think you two have more in common than you dont" Social media is dividing us. I found myself thinking things about a friend I would never ever say to him in person. He is not my enemy. I believe he loves me very much and would do anything for me if I called him. We dont have to agree on politics or hot topic devisive subjects, we dont. I can lean conservative, you can lean liberal and we can still have a good relationship even though we dont agree, we can, I promise. If I only engaged with those whos beliefs lined up with mine, my life would not be as good as it is today, it wouldnt We need to lower the tone. You can still be bold, you can still proclaim your beliefs, but you dont have to hate your neighbor to do it. Social media is dividing us. We have to fight against it.

How big will the Fed rate cut be? #interestrates #federalreserve #cre #retwit

Debt readily available but borrowers choosing shorter maturities expecting better rates in the future. #debt #InterestRates #RealEstate #investing #cre #retwit view.usa.colliers.com/?qs=ee30557d8e…

@Potbelly acuired by @RaceTrac Interesting acquisition. Racetrac is a gas company. What do you think the strategy is here? #mergers #RealEstate #cre #retwit nrn.com/fast-casual/po…