The Board of Governors of the Federal Reserve System invited comment on its proposed policy statement on prudent CRE loan workouts. The New York Times looks at the tentative railroad labor union deal. These are among today’s must reads from around...
Store has investments in more than 3,000 properties across the United States. The portfolio totaled $11.4 billion at the end of June and includes properties used by restaurants, health clubs and medical offices, as well as manufacturing facilities...
The Los Angeles Times profiles some recent office-to-apartment conversions. A railroad workers strike would bring major disruption to the U.S. supply chain, according to a Chain Store Age interview with an industry expert. These are among today’s...
The Center for Exhibition Industry Research’s CEIR Total Index, a measure of convention business activity, was in the second quarter about 25.5 percent below 2019 levels, according to a forthcoming report shared with Bloomberg. In the first...
Apartment rents fell slightly in August across dozens of U.S. metropolitan areas, reports Insider. European commercial property owners are vulnerable to higher debt costs as interest rates rise, according to The Wall Street Journal. These are...
The companies are in discussions regarding a transaction that values Blair at $1 billion or more. The transaction hasn’t been finalized, and talks could still fall apart.
Ortega family investment company Pontegadea bought five logistics centers in the US states of Tennessee, South Carolina, Virginia, Pennsylvania and Texas from Realty Income Corp. for about $722 million.
California’s extreme heat is threatening operations at its data centers, reports CNN Business. Traffic in U.S. downtowns rose in August, according to Chain Store Age. These are among today’s must reads from around the commercial real estate industry.
