Private equity firms across the globe hold an estimated $328 billion in dry powder for real estate deployment.
The retailer filed to begin an orderly wind-down “as soon as reasonably possible.”
The Wall Street Journal looks at malls that reopened last weekend. U.S. banks continue to disclose exposure to the reeling retail industry, reports the S&P Global. These are among today’s must reads from around the commercial real estate industry.
Ghost Kitchens Are Helping Restaurants Get Through the Lockdowns. But Will There Soon Be Too Many of Them?
The need for food delivery has accelerated ghost kitchen openings in April.
A survey of 86,000 small business owners and employees showed that one-third have stopped operating as a result of the pandemic.
The department store chain plans to close roughly 242 stores across the country.
NREI spoke with Abe Bergman, co-founder and managing partner of Eastern Union, to learn more about the initiative and the distress the firm expects to emerge among CRE lenders.
Universities provide a unique set of challenges with their real estate needs, especially today in assessing whether or not they will be able to re-open for the fall semester.
In its twice-yearly financial stability report released Friday, The Federal Reserve warned on significant asset price declines, with commercial real estate potentially being among the most affected, Bloomberg reported. Legislation introduced in California could make it easier for small businesses to break their leases, according to a story from California Globe. These are among today’s must reads from around the commercial real estate industry.
Special interests are vying to impress lawmakers with the magnitude of their losses from the pandemic.
In J.C. Penney’s restructuring plan, the company would put some of its property into a REIT.
For better or for worse, the internet has quickly become the medium where a significant portion of first impressions are now made.
The self-storage industry’s status as a “recession-resistant business” is being put to the test during the coronavirus pandemic. But despite a sour economy, facility investors and operators will likely benefit in the coming months. See how and why.
STORE Capital Corp. stands to see $102.5 million in rent deferrals over two quarters.
An industry whistleblower is alleging widespread manipulation of CMBS underwriting, reports ProPublica. J.C. Penney is expected to file for bankruptcy protection within days, according to CNBC. These are among today’s must reads from around the commercial real estate industry.
An affiliate of Starwood Capital Group is negotiating to provide financing for TPG RE Finance Trust Inc.
Some companies may begin to experiment with AI cameras to ensure social distancing at work, reports the Wall Street Journal. The heads of major companies are raising questions about the future of a post-coronavirus office market, according to CNBC. These are among today’s must reads from around the commercial real estate industry.
The disruption from the pandemic and the subsequent liquidity pullback have spelled the end for a number of planned acquisitions.
Michael Kitces' #FASuccess Podcast: Travis Parry and Regaining Control of the Work-Life Balance
Travis Parry of the Make Time Institute discusses overcoming the three myths of time management to create better work-life balance.
The group outlined several actions it will take in the coming weeks and months to help promote healthy and sustainable tactics.