Kimco Realty announced it has reached an agreement to purchase RPT Realty in an all-stock deal valued at $2 billion. Wall Street funds that backed WeWork are discussing how to handle the firm’s potential bankruptcy, reports The Wall Street Journal...
The AIA/Deltek Architecture Billings Index reported stable conditions for July of this year. WeWork has been assembling a team of consultants, including lawyers and real estate advisors, to avoid bankruptcy, reported Bisnow. These are among today...
Rent growth is holding up much better for mid-market apartments vs. luxury units, reported CoStar. The Wall Street Journal looks at disappearing U.S. nursing homes. These are among today’s must reads from around the commercial real estate industry.
The Wall Street Journal looked at how the retail real estate sector has bounced back from some of the troubles it experienced the past decade. The cost of backing WeWork’s IPO may come back to hurt some other big real estate firms, reports Bisnow...
Norway’s sovereign wealth fund said it remains committed to commercial real estate investment, reported Bloomberg. Crain’s New York Business looked at a new bill under consideration in New York state that would make it easier to determine the...
Investment management firms are raising funds to purchase distressed commercial real estate, reports The Wall Street Journal. A new report from CBRE found that lending remained sluggish in the second quarter of the year. These are among today’s...
The Department of Justice and the Securities and Exchange Commission are both looking into Nightingale Properties after it allegedly diverted $40 million of equity from investors, reports Bisnow. CBRE issued a new report finding that pain in the...
Brookfield Asset Management is aiming to raise $150 billion this year to take advantage of the buying opportunities it sees, reports The Wall Street Journal. Industry experts react to WeWork’s “going concern” warning and what it might mean for the...
Banks are facing a tough market in trying to sell their commercial real estate loans, reports Bloomberg. The GOP and commercial real estate executives are teaming up against a Treasury Department proposal to impose new taxes on REITs, according to...
Private credit funds are queueing up to jump on opportunities in the real estate space, reports The Real Deal. Simon Property Group may become more active in sales and acquisitions, the firm said in its latest earnings call. These are among the...
