U.S. home sales rose by more than 20 percent last month, reports the Associated Press. The pandemic has made the self-storage sector vulnerable to a downturn, according to The New York Times. These are among today’s must reads from around the...
Restaurants are closing as coronavirus cases surge, reports the Wall Street Journal. CMBS loans backed by lower-tier malls are showing increasing strain, according to Asset Securitization Report. These are among today’s must reads from around the...
Private equity firm KKR has raised $950 million for a fund that will invest in the riskiest CMBS slices, reports Bloomberg. The New York Times looks at how a retirement community in Florida is coping with the arrival of COVID-19. These are among...
The Wall Street Journal examines a recent trend of big-box retail space being reconfigured as fulfillment centers. With many measures in the last Congressional rescue package on the verge of expiring, commercial real estate leaders are among those...
Decades-old businesses are shutting down due to the economic hardship caused by the coronavirus, reports The New York Times. The Associated Press looks at life inside nursing home facilities during the pandemic. These are among today’s must reads...
Insurance companies want to increase their investments in warehouse properties as office assets have become riskier, reports Reuters. CBL & Associates got an extension to reach a deal on repayment of some of its debt, according to Chattanooga Time...
Close to 88 percent of apartment-renting households made a full or partial rent payment by July 13, according to The National Multifamily Housing Council. Despite an online boom, retailers are struggling with higher expenses related to upping...