The New York Times details how a group of investors all profited by shorting retail CMBS loans in recent months on a trade called the “mall short” in financial circles. With COVID-19 cases still at high levels, some companies that had been...
New York State Governor expanded an emergency moratorium on commercial evictions, reports the New York Post. Europe has overtaken the U.S. as the most active market for real estate transactions, according to Bloomberg. These are among the must...
Airbnb is preparing an IPO for later this year, reports Business Insider. Fueled by pandemic-related shifts in consumption, big-box retailers including, Walmart, Target and Home Depot all posted large increases in quarterly sales, according to the...
CBL & Associates initiated a restructuring support agreement with its noteholders as a step prior to its planned bankruptcy filing this fall, reports Chattanooga Times Free Press. The Carlyle Group is not allowing staff to work in offices if they...
Amid talk of uncertainty about the future of offices, Amazon.com made a big bet on physical space, announcing it was expanding its footprint in six cities, reports the Wall Street Journal. Law360 provided a detailed breakdown of the issues in the...
Fewer apartment households paid their full or partial rent by August 13 compared to July 13, reports NMHC. Moody’s Analytics forecast U.S. office vacancy will reach a historic high in 2021. These are among today’s must reads from around the...
While the deal has yet to price, the CMBS financing for the building is being seen as a bold vote of confidence for office demand in a large city’s central business district, observers say.
Governments need to account for how business, personal and public interests intersect in designing COVID-19 policies for commercial landlords and tenants, argues the Wall Street Journal. In a piece for GlobeSt.com, Ann Hambly outlines the three...