Industry sources say ESG indicators will soon become as important as financial indicators for CRE investors and developers.

The 120-year-old building will re-open officially as a 181-room hotel.

The lost income will cut into the eventual sale price.

The Wall Street Journal profiled the Koch Brothers’ vast real estate ownings. The Real Deal sat down with Related CEO Jeff Blau. These are among today’s must reads from around the commercial real estate industry.

Investors who did acquire rent-regulated properties demanded lower prices.