The New York Times looks at the future of shopping. Seniors are holding off on special housing due to a rise in telemedicine, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
With tourism imploding and lenders wary, some hotels under construction are no longer worth completing.
Agencies, life companies, banks and other sources have shown a willingness to do deals on well-positioned assets.
“The psychological impact of risk aversion setting in cannot be understated,” HSBC’s James Pomeroy and Fabio Balboni wrote in a May 1 note.
