NREI Wire

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

Individual levels of remote work would depend on a variety of factors including role, personal circumstances, clients and regulations.

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...

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...

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...

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...

The number of workers who went to the office in 10 of the largest U.S. business districts fell to 26.4 percent from pre-pandemic levels in the week ended Nov. 4.

The companies agreed to a modified buyout that had Simon pay $43 in cash for each Taubman Centers share.

Commercial Observer examines the toll that eight months of lockdowns have taken on women working in commercial real estate. Owners and investors in New York City are preparing for a pitched battle over property tax valuations, reports Bisnow...