
Lampert Comes Under Fire for Backpedaling on Severance Pay
(Bloomberg)—Back when Eddie Lampert was campaigning for approval of his plan to rescue Sears, he emphasized his promise to give severance to employees who lost their jobs after the retailer went…

Capital Senior Living Corp. Rebuffs TPG Buyout Offer
(Bloomberg)—TPG has sought to acquire Capital Senior Living Corp., a developer and operator of senior-living communities, according to people with knowledge of the matter.
The firm has made several…

10 Must Reads for CRE Investors on May 31, 2019
FedEx to deliver packages any day of the week, in order to keep up with demand for quick delivery, reports the Wall Street Journal. The rental market is…

Office REITs Are an Attractive Investment in Late CRE Cycle
With late cycle uncertainty emerging as the market slows, institutional investors are allocating more capital to REITs than private equity funds, as REITs have historically outperformed broad equities…

Shopping Center Landlords Seek Out Healthcare Clinics
Expect to see more healthcare clinics in shopping centers, as landlords want to capture a piece of the growing healthcare industry to boost foot traffic and sales.
Today’s healthcare services…

Old Navy’s Declining Sales Put Spin Off from Gap in Question
(Bloomberg)—Gap Inc.’s planned Old Navy spin off -- widely viewed by investors as a much-needed catalyst -- is being called into question by nearly all but the most bullish analysts after a…

10 Must Read Items for CRE Investors on May 30, 2019
The Blackstone Group has soled more than $1 billion in Invitation Homes shares, reports the Wall Street Journal. Walmart is planning to build a new headquarters…

Does Simon’s Online Shopping Platform Make Sense?
Simon Property Group, the largest mall owner in the U.S., is going online with its own online shopping platform.
Simon is testing Shop Premium Outlets, or SPO, to help beef up traffic and sales—both…

CMBS Delinquency Rate Declines in April
April, the most recent month for which data is available, showed a decline in the all-property 30+ days CMBS delinquency rate, according to both Trepp and Fitch Ratings. Trepp reported that the…

Collaborative Referral Network Helps to Drive Growth for C21
Sponsored by Century 21® Commercial
For more than 48 years, Century 21 Real Estate LLC has earned brand recognition and awareness that is second to none. According to the 2018 Millward Brown…