The Real Estate Company Finding Big Value in College Towns
There was a time when college towns were best known for their quirky shops and thriving bar scenes. Today, they're some of the hottest real estates in America. Core Spaces acquires, develops, and manages properties in America's top education communities. Co-Founder and Managing Partner Marc Lifshin and Chief Director of Design Mitch Dalton join Cheddar to discuss their innovative business model.
Founded in 2010, the Chicago-based firm has completed projects in top collegiate markets around the United States. Dalton and Lifshin reveal why they think the market is so untapped offering great potential. We learn about which amenities are the most desirable to its millennial and Gen-Z customer base.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
