New York City's distressed hotels could become affordable housing projects, reports The City. Building managers are figuring out how to reopen safely and prevent infection, according to the Washington Post. These are among today's must reads from...
Smaller real estate lenders—credit unions and community banks—face a hit to their bottom lines from falls in asset prices, reports Mortgage Professional America. The IPO of grocery chain Albertson’s will be the first major IPO for the New York...
Real estate ETFs are going through a slump, reports MarketWatch. KKR has raised $10 billion for its third Asia buyout fund, reports Bloomberg. These are among today’s must reads from around the commercial real estate industry.
Over 100 Congress members have asked the Federal Reserve and the Trump administration to help businesses struggling with commercial real estate debt, reports the Wall Street Journal. Slightly more than 92 percent of apartment households made...
Blackstone's Stephen Schwarzman predicts a V-shaped recovery this summer, reports Bloomberg. Many companies kept office workers at home as New York City entered phase 2 of reopening, according to The New York Times. These are among today’s must...
Global protests on systemic racism are also shining a light on the stark difference in companies’ diversity efforts.
The initial chaos in the housing market caused by the coronavirus pandemic has given way to an eerie calm.