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Forever 21 Is Looking at an Auction to Keep Itself in Business

(Bloomberg)—Bankrupt retailer Forever 21 Inc. asked a bankruptcy court to approve plans to sell “substantially all” of its assets to a buyer who might keep the chain in business. Forever…
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The Cities with the Greatest Rent Jumps in the Past Decade

Apartment rents have risen steadily across the country and while most people know that the cities with the most expensive rents include markets in the Bay Area and New York City, those markets did not see the largest growth on…
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The Pros and Cons of Using VR Tools for CRE Construction

Virtual reality tools are beginning to make their way into the commercial real estate sector, according to industry sources. “VR technology has been well-established in the residential real estate…
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10 Must Read Items for CRE Investors on Jan. 31, 2020

The New York Times looks at where apartment renters are moving. Seeking Alpha examines Simon Property Group’s potential bid to acquire Forever 21. These…
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Airbnb Sues Miami Developer

The short-term rental platform filed an $11 million lawsuit against a Miami developer alleging fraud.
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U.S. Homeownership Rate at Highest Level in Six Years

(Bloomberg)—The U.S. homeownership rate rose to a six-year high in the fourth quarter as low mortgage rates sparked a rebound in property sales across the country. The share of Americans who…
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These Are Among the Eight Top Markets for Retail Real Estate

With consumers shifting how they shop and scores of store closures and retail bankruptcies, retail property owners across the U.S. are grappling to adapt. However, capital market experts say there are still ample opportunities…
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10 Must Read Items for CRE Investors on Jan. 30, 2020

NMHC President Doug Bibby announced he’s stepping down in 2021, reports Multi-Housing News. Mortgage Professional America looks at a fraud case involving…
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Atari-Themed Hotel Pegged for Austin, Other Cities

Atari wants to build game-themed hotels across the country, and Austin is in its crosshairs. A location and opening date hasn't been announced. The idea comes from Napoleon Smith III, a Phoenix…

Multifamily Faces a Packed Development Pipeline

Apartment developers have not been shy about bringing new product to market in recent years. And early indications are that 2020 will be another boffo year. The question is whether after several…