HousingWire, Apr. 27, 2020–Julia Falcon In a new report from RentCafe, searches for apartments have now returned to their pre-pandemic numbers. https://www.housingwire.com/articles/apartment-searches-have-rebounded/
Category: Top National News
Cash Pours Into Distressed Real-Estate Funds as Investors Aim to ‘Play Offense’
Wall Street Journal, Apr. 21, 2020–Peter Grant (subscription)Investors are pouring billions of dollars into new real-estate funds created to buy distressed debt backed by hotels, malls, office buildings and other …
As CMBS Relief Inquiries Jump, How Much Forbearance Is Enough?
Commercial Property Executive, April 21, 2020–Scott Baltic, Paul Fiorilla Inquiries from CMBS borrowers about coronavirus-related relief have topped $100 billion, raising doubts about the current 90-day forbearance period. https://www.cpexecutive.com/post/as-cmbs-relief-inquiries-jump-how-much-forbearance-is-enough/
How Commercial Real Estate Brokers And Office Users Will Adapt To The New Future
Forbes, April 21, 2020–Shafin Jadavji For commercial real estate brokers, this crisis is a call to think forward. The actions that we as an industry take now will add to …
Neiman Marcus’ Missed April Interest Payment Could Accelerate a Forced Bankruptcy Filing
Dallas News, April 20, 2020–Maria Halkias Neiman Marcus bondholder Marble Ridge Capital LP said the Dallas-based retailer failed to make a $5.7 million interest payment that was due Wednesday, possibly …
The Coronavirus Pandemic Will Likely Leave a Lasting Legacy on Retail: Fewer Department Stores
CNBC, April 19, 2020–Lauren Thomas Already struggling before the coronavirus pandemic, department stores will emerge from this crisis in an even weaker position. “This is a liquidity crisis of enormous …
Single-Family Rental Sector Poised for Strong Rebound
National Real Estate Investor, April 20, 2020–Sebastian Obando Some investors raise concerns on rental revenue and occupancy rates, but the single-family rental sector should be well-positioned over the long term. …
What CRE Has On Its Wish List For The Next Coronavirus Stimulus Package
Bisnow Atlanta, Apr. 16, 2020–Jarred Schenke A wide swath of industry organizations want Congress, the Treasury Department and the Federal Reserve to jointly establish a new facility to provide liquidity …
Fight Over Commercial Rent Gets Ugly as Default Wave Looms
Bloomberg, April 17, 2020–Natalie Wong With stores shuttered, struggling retailers are skipping rent and asking for concessions, while landlords are demanding payment and having their own tricky conversations with lenders.https://www.msn.com/en-us/money/realestate/fight-over-commercial-rent-gets-ugly-as-default-wave-looms/ar-BB12MCfQ?ocid=spartandhp
The Coronavirus Pandemic Will Likely Leave a Lasting Legacy on Retail: Fewer Department Stores
CNBC, April 19, 2020–Lauren Thomas Already struggling before the coronavirus pandemic, department stores will emerge from this crisis in an even weaker position. “This is a liquidity crisis of enormous …