The Lede
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Mall Landlords Weigh Becoming Lenders to Blunt Retail Apocalypse
Bloomberg, Aug. 7, 2019--Laruen Coleman-Lochner, Eliza Ronalds-HannonMall landlords accustomed to offering rent reductions to ailing retailers are mulling a new strategy to forestall the industry's collapse: positioning themselves as lenders to tenants struggling to stay afloat.
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Banks Tighten Standards on Commercial Real Estate, Credit Card Loans
Reuters, Aug. 5, 2019--Ann SaphirU.S. banks left loan standards unchanged on commercial and industrial loans to large and mid-sized firms during the second quarter, even as they eased standards on such loans to smaller firms and eased most terms for all size firms, according to a survey of bank officers published on Monday.
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All in the (Multi)Family: Q&A With Decron’s David Nagel
Commercial Observer, Aug. 5, 2019--Chava GourarieDecron Properties has been in the business long enough to have seen several up-and-down cycles. After the 2009 recession, David Nagel, the firm's president and CEO, was determined to learn a lesson from the upheaval.
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Dealmaker of the Week
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News and Trends
Hotels Metrics Mostly Positive
The hotel sector reported mostly positive metrics but decreased occupancy during the second quarter, STR and CBRE Hotels reported.
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Commercial/Multifamily Briefs
Black Knight, Jacksonville, Fla., and Reonomy, New York, announced an agreement to incorporate Black Knight property record data into Reonomy's commercial real estate platform.
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New York Faces Consequences of Rent Control Changes
Multifamily analysts say New York City's new rent control law could have several unintended consequences.
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Global CRE Investment Slowdown Eases
CBRE reported global commercial real estate investment reached $231 billion in the second quarter, up 17 percent from the previous quarter but down 7.5 percent from a year ago.
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Apartment Rent Growth Accelerates Despite Deliveries
Multifamily rents grew for the ninth straight month and are now up 3 percent year-over-year, reported Zillow, Seattle.
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