Macy’s Opts for Smaller Makeover

Wall Street Journal, Feb. 22, 2022–Jinjoo Lee (subscription)Macy’s said Tuesday that it chose not to move forward on a spinoff of its e-commerce business. The execution risk was too high, …

Commercial Real Estate Is Seen as an Inflation Hedge, but That Isn’t Always the Case

Wall Street Journal, Feb. 22, 2022–Peter Grant (subscription)With inflation running its hottest in four decades, some investors are starting to question the strength of real estate’s defenses against higher priceshttps://www.wsj.com/articles/commercial-real-estate-is-seen-as-an-inflation-hedge-but-that-isnt-always-the-case-11645534801?

The Price of Worsening Sea Level Rise for CRE

Commercial Property Executive, Feb. 22, 2022–Barbra MurrayThe commercial real estate industry is pricing in and planning for sea level rise, “and elevation is the name of the game,” said Emily …

Yes, Lenders Are Interested in Financing Retail Properties

Wealth Management Real Estate, Feb. 22, 2022–Jenn ElliotAfter more than two years of heavy lending on multifamily and industrial, lenders are searching for higher yields.https://www.wealthmanagement.com/retail/yes-lenders-are-interested-financing-retail-properties?

SOFR Leads Race to Replace Libor as Interest-Rate Benchmark

Wall Street Journal, Feb. 22, 2022– Mark Maurer (subscription)U.S. companies and financial institutions are starting to settle on a new interest-rate benchmark to replace the troubled London interbank offered rate, …