More than $20 billion in CMBS loans has been transferred to special servicing, according to data from Fitch. Malls and stores are reopening without a federal system in place to check whether establishments have been involved in COVID outbreaks...
California’s proposed ban on commercial evictions failed to advance, according to Connect California. Both the Wall Street Journal and The New York Times look at whether young people leaving big cities will eventually come back. These are among...
Apartment rents in San Francisco are tumbling as the tech sector sheds jobs, according to the Wall Street Journal. Global Finance looks at how Brookfield is dealing with rent-stretched retail tenants. These are among today’s must reads from around...
CalPERS investment committee would like to increase the fund’s target for opportunistic strategies, reports Pensions & Investments. Greater Greater Washington looks at how commercial real estate can address the underrepresentation of black...
Eighty-nine percent of apartment households made a full or partial rent payment by June 13, according to The National Multifamily Housing Council (NHMC) Rent Payment Tracker. Simon and Taubman might go into a legal fight over their abandoned...
The Federal Reserve opened its Main Street Lending program for bank registration, reports Business Insider. 24 Hour Fitness is the latest retail tenant to file for bankruptcy, according to the Associated Press. These are among today’s must reads...
There are signs of increasing stability in the CMBS market, reports Seeking Alpha. A lawsuit in the state of Washington accuses two commercial real estate investors of running a Ponzi scheme, according to the Seattle Times. Bisnow writes on how...
