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Spencer Platt/Getty Images New York’s rate of positive Covid-19 tests fell to the lowest since the pandemic began last week. Yet tourism is down, crime
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Noam Galai/Getty Images Led by loans backed by hotel and retail properties, $54.3 billion in CMBS debt has been transferred to workout specialist since March.
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Retail landlords are beginning to include pandemic language in new leases, reports the Wall Street Journal. The depressed U.S. economy could help make Airbnb IPO successful, as people choose to vacation at homes instead of hotels, according to Business Insider. These are among today’s must
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Mario Tama/Getty Images The hedge fund wants to sublet about 30,000 sq. ft. of its 50,000-sq.-ft. offices at the NYC skyscraper.
(Bloomberg)—York Capital Management is looking to
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Mapping out where investors have spent money on apartment properties so far in 2020.
It has been far from a normal year for commercial real estate investment. Volume is down dramatically year-over-year for every property type. And buyers and sellers continue to try and navigate the bid-ask gap and figure out how to
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JHVEPhoto/Shutterstock The REIT plans to transfer the branding and management of the 103 hotels to Sonesta International Hotels Corp. by December.
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The massive economic hit from COVID-19 has forced scores of U.S. companies into bankruptcy. Here are some with the most significant potential repercussions for commercial real estate.
The COVID-19-induced
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Investors now spend more than ever for data center properties, relative to the income from the buildings.
With ever-increasing amounts of day-to-day activity taking place online, even more
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Joe Raedle/Getty Images The National Multifamily Housing Council rent payment tracker found 90 percent of apartment households made a full or partial rent payment by August 20. Big-box retailers are emerging as winners while small
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