Sears closing stores

Sears Prepares for More Store Closings as Revenue Slumps

(Bloomberg)—Sears Holdings Corp. kicked off another fiscal year with declining sales from a dwindling number of stores, and more closings are on the way. The operator of Sears and Kmart…
Barneys

10 Must Reads for the CRE Industry Today (May 31, 2018)

Sears plans to close 72 more stores, according to CNBC. Foreign investment in the U.S. remains strong, Forbes reports. These are among today’s must reads from around the commercial real estate industry.
CBD

REIT Valuation Levels Likely to Result in More Go-Private Transactions

Hans Nordby, managing director of CoStar Portfolio Strategy, was a guest on the latest edition of Nareit’s REIT Report podcast. Nordby discussed some of the main factors influencing REIT valuations and what the sharp disconnect between…
neighborhood aerial

Is Opportunity Zone Investment Worth the Risk?

Federal initiatives designed to incentivize private investment in low-income communities have been around for years, often with mixed results. Today, “Opportunity Zones,” a program…
mortgage house under water

Millions of U.S. Homeowners Still Under Water on Mortgages

(Bloomberg)—A staggering number of American homeowners remain under water on their mortgages a decade after the housing bubble burst. Almost 4.5 million households -- or 9.1 percent…
senior housing

How Seniors Housing NOI Growth Compares with Other Sectors

In its analysis of commercial real estate pricing and growth, Newport Beach, Calif.-based research firm Green Street Advisors projects seniors housing will experience a dip in NOI in 2018,…
SFH

10 Must Reads for the CRE Industry Today (May 30, 2018)

Sears’ parent company has received multiple inquiries about asset sales, according to CNBC. Real estate developers pursue driverless vehicle initiatives, reports the Wall Street Journal. These are among today’s must…
The Courtyard Culver City

Emerging Apartment Markets Are Becoming Emerging Office Markets

As multifamily rents in core markets have continued to climb, investors, office tenants and residents alike have turned their attention to secondary markets. According to JLL’s Investment…
Commercial Real Estate- Equity

CRE Defies Rising Tide of Global Debt Levels

The International Monetary Fund (IMF) has been sounding warning bells about the high levels of global debt. But U.S. commercial real estate has been defying that trend, which could make…
HNA 123 Mission street

HNA Is Said to Sell San Francisco Tower to Northwood Investors

(Bloomberg)—China’s beleaguered HNA Group Co. is continuing to whittle down its real estate holdings as it seeks to reduce its massive debt load. The company sold a San Francisco office…