Posts

bio laboratory

CRE Investors Show Growing Interest in Biolab Properties

Commercial real estate investors are showing increasing interest in biolab facilities as healthcare research and development has accelerated due to the pandemic. “[There is] an increased demand…
apartment building exterior

Eight Must Reads for CRE Investors on October 23, 2020

The National Multifamily Housing Council rent payment tracker found 90.6 percent of apartment households made a full or partial rent payment by Oct. 20.…
south-street-seaport

Howard Hughes Crop. Proposed $1.4B Mixed-Use Project in NYC

(Bloomberg)—Howard Hughes Corp. is proposing a $1.4 billion development in Manhattan’s South Street Seaport District, the latest attempt to transform a lot that has been mired in controversy…
equinox-sports-club

Equinox Taps Kirkland & Ellis, Centerview for Debt Advice

(Bloomberg)—Equinox Holdings Inc., the luxury gym chain, is working with legal and financial advisers as it seeks to manage upcoming debt obligations and ride out pressures from the Covid-19 pandemic,…
commercial space for rent sign

11 Must Reads for CRE Investors on Oct. 22, 2020

The pandemic is threatening urban renewal in cities across the nation, according to the Associated Press. San Francisco restaurants can increase indoor capacity…
apartments for rent sign

Rents Plummet on Urban Apartments

Thousands of apartments stood empty in August 2020 that had been occupied only a few months before in urban cores across the country, including in previously white-hot markets like San Francisco…
holiday-season-shopping

Retailers, Landlords Get Ready for Extra Long Holiday Sales Season

Due to the COVID-19 pandemic and economic anxiety, will it be “bah humbug” when it comes to U.S. holiday retail spending in 2020? Thanksgiving Day sales are pretty much cancelled, and the typically…
JC Penney store

J.C. Penney Drafts Purchase Agreement with Simon, Brookfield, Lenders

(Bloomberg)—J.C. Penney Co. has formalized a planned sale to its bankruptcy lenders and biggest landlords, but must first finalize a staggering lease agreement in less than a week to close the…
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Remedying CRE’s Biggest Prospecting Challenge

Sponsored by Reonomy If there’s one thing we’ve learned in 7+ years of business, it’s that the way information is recorded on commercial properties and owners is a disservice to the prospecting…
commercial space for rent sign

U.S. CRE Prices Climb by 1.4% in Third Quarter

(Bloomberg)—U.S. commercial real estate deals tumbled in the third quarter as Covid-19 continued to hammer the economy, but prices showed signs of improvement, according to Real Capital Analytics…