NREI WIRE

There have been no hotels sold in New York City in the three months through January, according to Real Capital Analytics

The supermarket chain is conducting sale-leaseback and using the proceeds to invest in online sales.

San Francisco will put to vote whether to tax landlords for empty storefronts, reports the Wall Street Journal. Amazon opens a cashierless grocery store, the most recent move of the company to upend the grocery industry. These are today’s must...

New York’s Waldorf Astoria hotel will be re-opened this week as a condominium building.

The non-profit used municipal bonds to finance the acquisitions of thousands of low-income apartments in the Chicago area.

Fears surrounding coronavirus spread could cause the Federal Reserve to cut interest rates in March, reports MarketWatch. Apple has signed a 220,000-sq.-ft. lease in New York City, according to the New York Post. These are among today’s must reads...

The plan would include tax credits for first-time homebuyers and low-income renters.

Former company CEO Rizk has abandoned efforts to take over the REIT.

Bisnow profiles 24 Black executives playing significant roles in the commercial real estate industry. Investment sales volume in Chicago fell by nearly 50 percent in 2019, reports the Chicago Tribune. These are among today’s must reads from around...

The importance of REITs has also shown up in their Straits Times Index weighting, which has doubled over the last five years.