At the end of June, AP1’s real estate exposure was close to $6 billion, or almost 15% of the total portfolio.

NMHC President Doug Bibby, who had been scheduled to step down in January, has decided to delay his departure for a year, reports Multi-Housing News. California Governor Gavin Newsom threw his support behind a controversial proposition that would...

The prospect of a coronavirus relief package deal is getting worse by the day, reports Politico. San Francisco will allow indoor hair and nail salons, gyms and hotels to open on Monday, according to the San Francisco Chronicle. These are among...

Century 21 filed for Chapter 11 bankruptcy and plans to close all of its stores, reports Business Insider. Employees who work at multiple nursing home facilities are thought to be behind some of the continuing COVID-19 spread, according to The New...

The National Multifamily Housing Council found 76.4 percent of apartment households made a full or partial rent payment for the month by September 6. Mall owners Simon Property Group and Brookfield Property Partners are close to finalizing a deal...

Restaurant chains are adapting to a new reality with enhancements meant to increase health and safety, reports CNBC. Suburban apartments with more space attract New Yorkers, according to The New York Times. These are among today’s must reads from...

IKEA’s shopping center business, Ingka Centres, has purchased its first U.S. property, a mall in San Francisco. And they are looking to buy more, according to a report from Reuters. Meanwhile, stories from The Atlantic and The New York Times...

Economists generally agree that low labor demand from employers, rather than low labor supply from workers, is the biggest driver of high unemployment:

Companies had to promise not to reduce headcount below a pledge number, and use all the proceeds to pay salaries.