The hotel industry has been devastated by the coronavirus pandemic, reports the New York Times. Real estate giant SL Green Realty Corp.’s agreement to sell the former New York Daily News headquarters collapses due to market turmoil, according to...
Banks are finding themselves unable to sell debt from recent deals in the CMBS market, reports the Wall Street Journal. Commercial Observer looks at how construction workers can keep safe. These are among today’s must reads from around the...
The Federal Reserve signals it would do almost anything to help the American economy, reports the Wall Street Journal. The New York City restaurant sector is fast becoming a graveyard, according to the New York Post. These are among today’s must...
New York Governor Andrew Cuomo said during a daily press briefing that the state had “taken care of the rent issue,” but observers were left wondering what he meant, reports The Real Deal. Chicago Crain’s Business asks whether this is the kind of...
The government is trying to stave off evictions for homeowners and renters, reports The New York Times. Taubman Centers is closing most of its malls at least until the end of the month, according to MarketWatch.
Some hotels are targeting guests who face lengthy quarantines to boost bookings, reports the Wall Street Journal. Small restaurants in the U.S. are struggling due to coronavirus, according to Reuters. These are among today’s must reads from around...
CBRE caps the number of people allowed to attend its auctions, reports Australian Financial Review. Private equity investors don’t want to miss on high-return investment opportunity, according to the Wall Street Journal. These are among today’s...
Amazon to stop accepting products other than medical supplies and household items at its warehouses, reports Business Insider. The coronavirus sends shares of seniors housing facilities into a tailspin, according to the Wall Street Journal. These...
