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The state’s attorney general claims Westminster Management failed to address hazardous conditions at its properties.

(Bloomberg)—An apartment management firm run by Jared Kushner’s family was sued by Maryland’s attorney general, who claims the

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Crain’s New York Business looks at the winners and losers in WeWork’s bailout by SoftBank. The Treasury yield has been normalizing in recent weeks, according to Reuters. These are
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Conversations at the event included the need to shape a sustainable CRE CLO market and adding more flexibility to deal structures.
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Conversations at the event included the need to shape a sustainable CRE CLO market and adding more flexibility to deal structures.
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The latest research from Hodes Weill and Columbia University shows target allocations rose by 10 basis points this year.

An annual report from Hodes Weill and

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The social media company plans to build as many as 20,000 affordable housing units over the next decade.
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QSuper, the second-largest pension fund in Australia, wants to invest in U.S. office and apartment buildings.

(Bloomberg)—Australia’s second-largest pension fund is betting on U.S. real estate while avoiding overpriced infrastructure

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The department store chain will open its first full-price store in New York—in a 320,000-sq.-ft., seven-story space.

(Bloomberg)—The Nordstrom family this week is set to christen its newest store—albeit one that was a half-century in the making—at

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SoftBank plans to buy as much of $3 billion in stock from WeWork’s existing shareholders.

(Bloomberg)—SoftBank Group

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Occupancy of office and life sciences space in the Boston-Cambridge market has declined for the first time since the recession in the third quarter.
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  1. 10 Must Reads for the CRE Industry Today (October 22, 2019)
  2. The Market Is Still Not Seeing Enough Affordable and Workforce Housing
  3. Five Must Reads for the CRE Industry Today (October 21, 2019)
  4. Hudson’s Bay Agrees to Go Private at $1.45 Billion Valuation
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