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Five Must Reads for CRE Investors on May 30, 2020

The Centers for Disease Control and Prevention (CDC) lists recommendations for American employers reopening their offices, reports The New York Times. U.S.…
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WeWork Accused of Abandoning San Francisco Development Project

(Bloomberg) -- WeWork was accused in a lawsuit of reneging on a pledge to invest $450 million in a San Francisco development project that was supposed to showcase the WeLive communal living initiative. Parkmerced…
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13 Must Read Items for CRE Investors on May 29, 2020

Ventas Inc. is cutting corporate positions and reducing executive salaries to maintain financial strength, reports Senior Housing News. More guidelines and…
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Port of Los Angeles Might Lose Dominance after the Pandemic

U.S. imports from Asia fell to the lowest point in seven years in March, as retailers and manufacturers canceled orders of non-essential products. Cargo volumes at U.S. ports are expected to drop…
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Brookfield-Backed Industrious Explores IPO | National Real Estate Investor

(Bloomberg)—Industrious, a workplace provider that counts WeWork among its rivals, is taking steps toward an initial public offering, which could come as soon as next spring. The New York-based…
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Muni-Financed Retirement Communities Are Missing Debt Payments

(Bloomberg)—The coronavirus, especially lethal to the elderly, is pushing a growing number of retirement communities into financial turmoil and fueling distress in the municipal bonds that financed…
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Apartment Investors Wait on the Sidelines

It may be months before buyers and sellers understand what apartment properties are worth in an economy hobbled by the spread of the novel coronavirus. In April, buyers and sellers of apartment…
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11 Must Reads for CRE Investors on March 28, 2020

The United States is facing a wave of evictions as government relief payments and legal protections run out for millions of out-of-work Americans, according…
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Going Forward, Technology Will Be Key in Property Management

In one sense, when the COVID-19 pandemic is over—and that day will come—and the world is back to work again, property managers will still be charged with the same traditional core responsibilities,…
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Office Landlords May Offer More Short-Term, Flexible Leases

Faced with a situation where many corporate tenants may be looking at switching to at least partial remote working model, office landlords are getting ready to offer more flexible workspaces and…