CRE Wire

The Real Deal breaks down how the bipartisan infrastructure bill could affect the real estate industry. A survey of real estate pros in Chicago found a majority said workers should be vaccinated to return to offices, according to Bisnow. These are...

The roughly $560 million investment will give JLL Income Property Trust a 47% interest in the properties.

The Drake, located on the Magnificent Mile, has 535 rooms and more than 200 feet of retail frontage.

Saks Fifth Avenue is converting some of its department store space into WeWork spaces, reports The Wall Street Journal. Citigroup becomes the latest employer to mandate that workers, who will be expected to come back to the office for at least two...

Convention centers face an uneven return to operation as a new infection surge is upending event schedules, reports The New York Times. Brookfield Asset Management Reinsurance Partners is buying American National Group, according to The Wall...

Blackstone REIT and WPT Industrial REIT announced a $3.1B merger agreement. Cushman & Wakefield has announced that John Forrester will be the firm’s next CEO, effective at the start of 2022. These are among today’s must reads from around the...

The legislation still faces challenges in the House, where Democrats can afford only three defectors.

President Biden’s eviction moratorium could face legality challenges at the Supreme Court, reports The Associated Press. The New York Times looks into whether the hybrid office model will disadvantage remote workers. These are among today’s must...

Commercial real estate investors spent $53 billion on U.S. multifamily assets in the second quarter, setting a record, reports Real Capital Analytics.

The owners of the 3.3-million-sq.-ft. property used the reserves to make a $9.3 million August payment on $290 million of debt.