National Real Estate Investor, Mar. 17, 2020–Elaine Misonzhnik Restaurant and store closings might mean some very tough decisions for regional mall landlords.https://www.nreionline.com/retail/regional-mall-owners-face-one-their-toughest-weeks-record-how-will-they-cope?
Category: Top National News
Construction Lenders Are Open For Business Amid COVID-19 Disruption
GlobeStreet, Mar. 17, 2020–Kelsi Maree BorlandWhile there is more prudence, construction projects are still moving through COVID-19 challenges.https://www.globest.com/2020/03/17/construction-lenders-are-open-for-business-amid-covid-19-disruption/?
At This Seattle CRE Shop, Leadership Is A Sister Act
Bisnow, Mar. 15, 2020–Shawna De La Rosa Sisters Erika and Anne Marie Koehler are no strangers to commercial real estate.https://www.bisnow.com/seattle/news/retail/retail-expert-sisters-take-on-cre-leadership-role-in-seattle-103182
CRE Brokers Limit Face-to-Face Meetings and Conference Attendance
National Real Estate Investor, Mar. 16, 2020–Sebastion ObandoThe rapid spread of COVID-19 is causing deals to break down and firms to cancel attending upcoming conferences. But lower interest rates are …
Fed Unveils Dramatic Measures to Ease Market Strain from Virus
Bloomberg, Mar. 12, 2020The central bank has been under increasing pressure to act as investors have been losing faith in the Trump administration’s efforts to contain the economic fallout.https://www.americanbanker.com/articles/fed-unveils-dramatic-measures-to-ease-market-strain-from-virus
WSJ Survey: Coronavirus to Trigger U.S. Economic Contraction in Second Quarter
Wall Street Journal, Mar. 13, 2020–Harriet Torry, Anthony DeBarros (subscription)Economists sharply cut forecasts for the U.S. economy this year, predicting it will contract in the second quarter and raising expectations …
Fed Unveils Dramatic Measures to Ease Market Strain from Virus
Bloomberg, Mar. 12, 2020The central bank has been under increasing pressure to act as investors have been losing faith in the Trump administration’s efforts to contain the economic fallout.https://www.americanbanker.com/articles/fed-unveils-dramatic-measures-to-ease-market-strain-from-virus
CRE Lenders Grapple with Latest FASB Rules
National Real Estate Investor, Mar. 10, 2020–Beth Mattson-TeigFinanciers adjust as the current expected credit losses methodology has begun to take effect for many players. (MBA Mention)https://www.nreionline.com/lending/cre-lenders-grapple-latest-fasb-rules?
Uncertainty Freezes Hotel Sales in Manhattan
National Real Estate Investor, Mar 9, 2020–Bendix AndersonNew York City hotel sales had crashed to a halt even before coronavirus took a bite out of people’s travel plans and disrupted …
Coronavirus May Stall U.S. Economy, Goldman Sachs Says
HousingWire, Mar. 9, 2020–Kathleen HowleyGDP growth will slow to 0.7% in the current quarter, the worst pace since the financial crisis, and grind to a halt in the second quarter, …