An industry whistleblower is alleging widespread manipulation of CMBS underwriting, reports ProPublica. J.C. Penney is expected to file for bankruptcy protection within days, according to CNBC. These are among today’s must reads from around the...
Some companies may begin to experiment with AI cameras to ensure social distancing at work, reports the Wall Street Journal. The heads of major companies are raising questions about the future of a post-coronavirus office market, according to CNBC...
Neiman Marcus creditor has asked the retailer to consider a buyout by Saks Fifth Avenue, reports Reuters. CoStar is buying the commercial real estate division of Ten-X LLC for $190 million, according to the Wall Street Journal. These are among...
The New York Times looks at the future of shopping. Seniors are holding off on special housing due to a rise in telemedicine, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
Chinese investment in the U.S. dropped to the lowest levels since the financial crisis, reports Reuters. Wall Street investors are flocking to single-family rental REITs, according to the Wall Street Journal. These are among today’s must reads...
Commercial real estate hiring is a mixed bag, according to analysis of Indeed.com’s job postings that Bisnow wrote up. Brookfield has launched a $5 billion rescue fund to aid retailers, reports the Financial Times. BlackRock raised $1.3 billion...