Property Types

Bloomberg News analyzed foot traffic data for downtown merchants in five major U.S. cities and compared them to merchants in five nearby suburbs.

Drive-throughs are allowing QSRs to attract customers in a pandemic, while bans on indoor dining have brought down expenses.

The availability rate rose to 13.5 percent in November, according to data from Colliers International.

The unsolicited offer is at a premium to the REIT’s $4.7 billion current market value.

With distribution of working vaccines on the horizon, a recovery for the sector should take shape throughout 2021.

“Given the investor caution, it does not look like we’re going to achieve our original top-tier pricing objective,” Steven Roth told investors.

The outcomes of several other ballot measures were decided, including legalization of medical and recreational marijuana in several states.

Rescuing struggling malls will be unusually complicated because of byzantine webs of financing.

Buchanan Street Partners plans to spend $350 million to $500 million to buy and build in the sector.

“We would definitely be interested,” MGM’s CEO James Stewart told investors on Monday.