Richmond Times-Dispatch, May 24, 2020–Andrew Little Regardless of property type CRE investors are of one mind when it comes to getting the economy revved up again–and for some it is …
Category: Top National News
Real Estate Investors Trying to Figure Out the Long-Term Impact From the Pandemic
Richmond Times-Dispatch, May 24, 2020–Andrew Little Regardless of property type CRE investors are of one mind when it comes to getting the economy revved up again–and for some it is …
Landlords Fume as Starbucks, Other Chains Seek Extended Rent Cuts
Wall Street Journal, May 19, 2020–Esther Fung, Heather Haddon (subscription)National restaurant chains and other stable businesses are prodding their landlords for rent relief as the economic picture sours, setting the …
Neiman Marcus, the Retailer to the Rich, Files For Bankruptcy
Wall Street Journal, May 7, 2020–Suzanne Kapner, Soma Biswas (subscription) A Texas oil boom turned a single Neiman Marcus department store in downtown Dallas into one of America’s biggest luxury …
Demand for Commercial Real Estate is Changing
Bloomberg, May 7, 2020–Denise Pellegrini Cushman & Wakefield CEO Brett White says the work from home revolution is on, but companies in most industries will still want to have employees …
Q1 Commercial/Multifamily Borrowing Declines Two Percent
National Mortgage Professional, May 7, 2020 Commercial and multifamily mortgage loan originations decreased 2.0% in the first quarter compared to the same period last year, according to the Mortgage Bankers …
WeWork’s Woes Cause Mortgage-Backed Bonds to Tumble
Financial Times, May 10, 2020–Joe Rennison, Eric Platt WeWork’s move to skip rent payments and renegotiate hundreds of its leases is rippling into the commercial mortgage market, sending the price …
Global Hotels Will Lose Just 2 Percent of Supply Permanently Because of Coronavirus: Report
Skift May 6, 2020–Cameron SperanceA hotel’s recovery path from the coronavirus downturn in travel will hedge partially on which country the property is located.https://finance.yahoo.com/news/global-hotels-lose-just-2-200031535.html
The Office Is Dead
Marker, May 11, 2020–Courtney RubinFrom startups and tech giants to more old-school Wall Street firms, businesses are rethinking the role of office space and whether they even need it.https://marker.medium.com/the-office-is-dead-16be89f25d01
A Look at What the COVID-19 Crisis Has Been Like for One Retail Landlord
National Real Estate Investor, May 11, 2020–Elaine MisonzhnikNewMark Merrill Cos. CEO Sanford Sigal discusses rent relief requests, reopening plans and the outlook for experiential retail.https://www.nreionline.com/retail/look-what-covid-19-crisis-has-been-one-retail-landlord?