NREI WIRE

It was the first time the association, with 1.4 million members, has apologized for its role in fomenting housing discrimination.

Burger brand joins franchisees to acquire units targeted in Flynn Restaurant Group's $816 million stalking-horse offer.

Washington lawmakers are looking at an infrastructure improvement plan again, reports the Wall Street Journal. The San Diego City Council approved a $3 billion mixed-use development proposed by Hines, according to Connect Commercial Real Estate...

The firm has shelved the sale of a $390 million commercial mortgage bond because investors were demanding higher yields.

JLL’s Ryan Severino writes about why additional fiscal stimulus is badly needed. GlobeSt.com looks at what Amazon’s new online pharmacy might mean for the drugstore sector. These are among today’s must reads from around the commercial real estate...

Report found state officials failed to reverse policies that left California with a severe shortage of affordable housing.

The PPP funds were not enough to save hundreds of companies from going out of business, reports the Wall Street Journal. Central banks might be looking at yield curve control, according to Reuters. These are among today’s must reads from around...

Clark has teamed up with former Tishman Speyer executive Philip Waterman to form the new real estate investment and operating firm.

New York City’s tourism industry may not fully recover until 2025, jeopardizing one of the market’s major economic engines, reports The New York Times. Guitar Center has filed for bankruptcy protection, according to Retail Dive. These are among...

PNC is acquiring the U.S. businesses of Spanish lender BBVA in a $11.6 billion deal, reports The New York Times. SEC Chairman Jay Clayton and Freddie Mac CEO David Brickman both announced they are resigning in surprise moves, according to industry...