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Eight Must Reads for the CRE Industry Today (Dec. 28, 2020)

New York City has implemented a policy of grading buildings to help incentivize more efficient energy usage and most structures received D’s and F’s…
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10 Must Reads for the CRE Industry on Dec. 23, 2020

Commercial Property Executive looks at the real estate industry’s reaction to the new stimulus package. Investors are buying hotels and redeveloping them…
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Capital Markets Remain More than Willing to Finance Multifamily Deals

Investors are rushing to buy apartment properties—with a lot of help from lenders willing to finance their deals. Freddie Mac and Fannie Mae lenders remain eager to lend money to investors buying…
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U.S. Bankruptcy Tally the Worse Since December 2011

(Bloomberg)—This month has seen 16 large companies file for bankruptcy protection in the U.S., the most of any December since 2011, according to Bloomberg data. The 44 bankruptcies by companies…
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Second Brooklyn Hotel Files for Bankruptcy in Less Than a Week

(Bloomberg)—The owners of a hotel and residential tower project in Brooklyn’s hip Williamsburg neighborhood have filed for bankruptcy, the latest blow to New York’s struggling hospitality…
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Billionaire Reuben Brothers Bet Big on Manhattan’s Real Estate

(Bloomberg)—Simon and David Reuben have been gobbling up Manhattan property, ramping up their bet on a real estate market that has taken a hit during the pandemic. The billionaire brothers, well-known…
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Seven Must Reads for the CRE Industry on Dec. 22, 2020

The Washington Post looks at what’s included in the $900 billion stimulus package. Many employers plan to encourage rather than require their workers to…
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Five Steps to Create a Diverse CRE Investment Portfolio

Millions of Americans invest in alternative assets, including real estate. It’s an important step to diversify a portfolio with investments that don’t necessarily correlate with the stock or…
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International Investors Have Sights Set on U.S. Multifamily Deals

New foreign investors are investing in apartment properties in the U.S.—even if they can’t easily get on a plane to visit buildings they are interested in. “We can expect to see allocations…
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Amazon Closes New Jersey Warehouse After Finding COVID cases

(Bloomberg)—Amazon.com Inc. has temporarily closed a New Jersey warehouse after a spike there in asymptomatic Covid-19 cases, a rare move that comes as the company gears up for a final push in…