Bay Area cities are approving affordable housing developments, reports the San Francisco Chronicle. The Federal Housing Finance Agency is mandating multifamily property owners with government-backed loans in forbearance to inform renters about the...
Commercial real estate fundamentals showed some improvement in July, reports Star Tribune. The struggles of the retail sector are likely to continue, according to Benzinga. These are among today’s must reads from around the commercial real estate...
Facebook leases all the office space in the former main post office at Penn Station in Midtown, reports The New York Times. Department stores are struggling to survive in the current retail landscape, according to the Wall Street Journal. These...
Eighty-three percent of New York City restaurants are unable to pay their rent, reports the New York Post. The survival of J.C. Penney hangs on urgent sale negotiations, according to Reuters. These are among today’s must reads from around the...
7-Eleven is buying a massive portfolio of convenience stores and gas stations in a $21 billion deal with Marathon Petroleum, reports GlobeSt.com. Lord & Taylor filed for bankruptcy over the weekend. These are among today’s must reads from around...
MGM Resorts posted a 91 percent decline in quarterly revenue, reports the Wall Street Journal. SL Realty is looking to sell an office property in the Hudson Yards area, according to The Real Deal. These are among today’s must reads from around the...
Fannie Mae reported a partial recovery in earnings in the second quarter, according to the Wall Street Journal. The majority of REITs will be dealing with water scarcity within a decade, reports Chief Investment Officer. These are among today’s...
Washington lawmakers introduced a bill that would create a government-backed funding vehicle for struggling CMBS borrowers, according to the Wall Street Journal. Retailers that have introduced policies requiring masks in stores are finding them...
