CRE Wire

Logistics player GLP is preparing an IPO for its investment arm in 2022, reports The Wall Street Journal. Developers are taking a second look at vacant mills, according to The New York Times. These are among today’s must reads from around the...

The partners will focus on assets in the Northeast, particularly Long Island.

“The idea that stores are dead has been proven to be a fallacy,” said Michael Baker, an analyst for D.A. Davidson who has covered U.S. retailers for over two decades.

Affiliates of Blackstone Real Estate will buy Bluerock Residential Growth REIT in a deal valued at $3.6 billion, reports Reuters. Home flipping is getting less profitable, according to CNBC. These are among today’s must reads from around the...

Los Angeles-based CommonWealth Partners bought the 697,958-sq.-ft. building.

The REIT will purchase 81 outdoor shopping centers spanning 9.5 million sq. ft. from subsidiaries of CIM Real Estate Finance Trust.

Blackstone is now placing bets on Manhattan multifamily real estate and is in talks for a near $1 billion acquisition.

Nationwide data show that much of the debt that’s being sold never should have existed in the first place.

The rapid spread of the omicron variant is starting to take its toll on U.S. businesses, including hitting restaurants particularly hard. CoStar is building a new headquarters tower in Richmond, Va., reports Richmond Biz Sense. These are among...

Bookings at Los Angeles hotels returned to their pre-pandemic levels, according to Los Angeles Times. Some New York towns are opting out of legalized marijuana sales, reports Gothamist. These are among today’s must reads from around the commercial...