The drop in Chinese tourism is starting to affect hotel occupancy rates in major U.S. cities, reports The New York Times. Macy’s is closing its tech offices in San Francisco, according to CNBC. These are among today’s must reads from around the...
NREI talked with Bibby about his 20 years at the top of NMHC and how the organization has changed the business.
The REITs have been holding on-and-off discussions since late last year, sources said.
Regional mall REITs have some experience in saving ailing retailers. But Forever 21 comes with added pressures.