CRE Wire

Mack-Cali Realty Corp. is aiming to sell four office buildings and two hotels in New Jersey and become a pure-play multifamily REIT.

The REIT, which operates skilled nursing facilities and seniors housing is working with an adviser to solicit interest from potential suitors.

Doubts emerge about the performance of office CMBS debt and other commercial real estate loans. A mortgage start-up used a Zoom call to fire more than 900 of its employees. These are among today’s must reads from around the commercial real estate...

Carriers slashed 151,000 flights globally through Feb. 1 in the first week the new variant appeared.

The new rule could force title insurance companies to turn over information about cash purchases funneled through shell companies.

Inflation is now having an effect on rental rates for industrial and logistics space, reports The Wall Street Journal. Google says that globally about five percent more employees return to offices each week, according to Reuters. These are among...

Dollar General plans to open 1,000 stores aimed at wealthier shoppers, reports CNBC. Store traffic and sales are rising to pre-pandemic levels in New York City as the holiday season starts, according to The Wall Street Journal. These are among...

CEO Elon Musk said the dearth of affordable housing in the Bay Area and long commute times were among factors limiting Tesla’s ability to expand.

The social networking company will occupy 719,000-sq.-ft. at the former NetApp headquarters in Sunnyvale and additional space in nearby Burlingame.

Toys R Us is making its return and opening a flagship at American Dream later this month. A new survey finds that two-thirds of CRE firms expect to be partially or completely remote in the future. These are among today’s must reads from around the...