Real estate ETFs are going through a slump, reports MarketWatch. KKR has raised $10 billion for its third Asia buyout fund, reports Bloomberg. These are among today’s must reads from around the commercial real estate industry.
Over 100 Congress members have asked the Federal Reserve and the Trump administration to help businesses struggling with commercial real estate debt, reports the Wall Street Journal. Slightly more than 92 percent of apartment households made...
Blackstone's Stephen Schwarzman predicts a V-shaped recovery this summer, reports Bloomberg. Many companies kept office workers at home as New York City entered phase 2 of reopening, according to The New York Times. These are among today’s must...
More than $20 billion in CMBS loans has been transferred to special servicing, according to data from Fitch. Malls and stores are reopening without a federal system in place to check whether establishments have been involved in COVID outbreaks...
California’s proposed ban on commercial evictions failed to advance, according to Connect California. Both the Wall Street Journal and The New York Times look at whether young people leaving big cities will eventually come back. These are among...
Apartment rents in San Francisco are tumbling as the tech sector sheds jobs, according to the Wall Street Journal. Global Finance looks at how Brookfield is dealing with rent-stretched retail tenants. These are among today’s must reads from around...
CalPERS investment committee would like to increase the fund’s target for opportunistic strategies, reports Pensions & Investments. Greater Greater Washington looks at how commercial real estate can address the underrepresentation of black...
Eighty-nine percent of apartment households made a full or partial rent payment by June 13, according to The National Multifamily Housing Council (NHMC) Rent Payment Tracker. Simon and Taubman might go into a legal fight over their abandoned...