Google is not cutting down on space but rather planning a new town-like tech hub, reports CNBC. The cost of living has risen during the pandemic, meaning inflation is higher than the numbers say, according to The New York Times. These are among...
The CREW Network has released is fourth benchmark study on gender and diversity in the commercial real estate industry. Macy’s is planning to test several smaller store formats outside of malls, according to CNBC. These are among today’s must...
Apparel, fitness and theater businesses struggle with rent payments even as shutdowns ease, reports the Wall Street Journal. The U.S. faces a wave of small business failures this fall if the federal government does not provide a new round of...
A quarter of all U.S. hotel properties now face the risk of foreclosure, according to Mortgage Professional America. Indoor dining will resume and movie theaters will reopen on Friday in limited capacity in New Jersey, reports the Associated Press...
Money has flowed into the economy in a short period of time without sparking inflation or causing real rates to rise and should open the door to more aggressive fiscal action.
The Real Deal explores how the severe financial strain for New York’s Metropolitan Transit Authority could have “catastrophic” effects for commercial real estate if big service cuts are the result. The restaurant market in Los Angeles is facing a...
Luxury hotels struggle as corporate and group travel has been decimated, reports the Wall Street Journal. A number of Sears and Kmart spaces are available for rent immediately, according to the Los Angeles Times. These are among today’s must reads...
Amazon is opening the first location of its Fresh Store in Los Angeles, reports CNBC. Two banks merge to form the nation’s largest Black-controlled federally insured commercial lender, according to The New York Times. These are among today’s must...
Mutual funds took hundreds of millions of dollars in losses this spring on the American Dream project, reports the Wall Street Journal. Las Vegas strip casino revenue decreased 39 percent in July from a year ago, according to Bloomberg. These are...