John Smith

Brookfield has estimated the value of the asset management unit it plans to spin off at $80 billion, reports Bloomberg. WeWork reported a smaller loss as desk sales in the first quarter reached pre-pandemic levels...

Duke Realty rebuffed Prologis’ takeover bid. Less than a tenth of Manhattan’s office workers are coming in full-time, reports The New York Times. These are among today’s must reads from around the commercial real...

The remote work trend is leading to more technology jobs moving out of the U.S., reports The Wall Street Journal. Fortune asks if we are looking at a repeat of the 2007 housing bubble. These are among today’s must...

The office market is being flooded with subleases, reports The Wall Street Journal. HUD doubles the money for its eviction protection program, according to The Associated Press. These are among today’s must reads from...

Brookfield reached an agreement to acquire Watermark Lodging Trust in a deal that would be $3.8 billion. The New York Post reports that major New York City office tenants have been renewing leases, but quietly...

U.S. bank regulators proposed the first major changes to fair housing laws in more than 25 years, reports CNBC. Office buildings are losing value because of the still widespread remote work, according to The Real Deal...

Many small retailers are struggling to keep up with rent increases, reports Retail Dive. The Wall Street Journal looks at some of the security concerns in smart office buildings. These are among today’s must reads...

Bain Capital has formed a joint venture with Barber Partners to build up to 15 refrigerated warehouses across the U.S., reports The Wall Street Journal. QSR Magazine looks at whether ghost kitchens are here to stay...