Local News

April retail sales plunge 14.1% nationwide in April, NRF says
News 1 week ago
April retail sales plunge 14.1% nationwide in April, NRF says

With nearly all stores closed nationwide in April – the first full month of the mandatory COVID-19 shutdowns enacted by states – retail sales...

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Here are the features that Zoom competitor RingCentral is considering to make it easier for companies to manage a workforce split between returning to the office and staying remote
News 1 week ago
Here are the features that Zoom competitor RingCentral is considering to make it easier for companies to manage a workforce split between returning to the office and staying remote

Companies like Twitter and Nationwide are all allowing some or all of their workforce to work remotely full-time. That presents new challenges,...

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A New Work-From-Home Movement Is Gaining Steam. Why Aren't Office Landlords More Worried?
News 1 week ago
A New Work-From-Home Movement Is Gaining Steam. Why Aren't Office Landlords More Worried?

A chasm is widening between owners and occupants of office real estate around the country. Though the coronavirus pandemic has thrust thousands of...

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What Are Your Office Space Plans?
News 1 week ago
What Are Your Office Space Plans?

The last three months have been fraught with uncertainty, but America's pivot to a remote workforce has been substantial and largely successful. We...

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Could This Obscure Tax Break Boost Commercial Property Owners?
News 1 week ago
Could This Obscure Tax Break Boost Commercial Property Owners?

A movement to extend property tax relief to commercial property owners amid the coronavirus pandemic is underway in the California Capitol. The...

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Rent Collected by REITs in May Unchanged from April
Blog 1 week ago
Rent Collected by REITs in May Unchanged from April
Source NAREIT News

To assess rent collections in the wake of the COVID-19 pandemic and related closures, Nareit has surveyed its membership about monthly rent...

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Strategies to reduce personal contact in multifamily properties
News 1 week ago
Strategies to reduce personal contact in multifamily properties

With the adjustment to lifestyles brought on by the COVID-19 pandemic, designers are considering options that can make multifamily properties safer...

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J.C. Penney to permanently shut about 242 stores as part of bankruptcy plan
News 1 week ago
J.C. Penney to permanently shut about 242 stores as part of bankruptcy plan

The stores to stay open accounted for 82% of the company's fiscal 2019 sales, J.C. Penney said. Reuters on Friday reported that the company was...

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Walmart trailed supermarkets amid peak panic-buying: data
News 1 week ago
Walmart trailed supermarkets amid peak panic-buying: data

LONDON/NEW YORK (Reuters) - Americans increased their visits to supermarkets far more than to Walmart Inc (WMT. N) stores as panic-buying peaked in...

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CBRE Group, Inc. Rises to #128 on the Fortune 500
News 1 week ago
CBRE Group, Inc. Rises to #128 on the Fortune 500

CBRE Group, Inc. (NYSE: CBRE) has risen to #128 on the 2020 Fortune 500 list of the largest U.S.-based public companies. The company’s position...

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Industrial Headed For Short-Term Pinch, Long-Term Gain
News 1 week ago
Industrial Headed For Short-Term Pinch, Long-Term Gain

It's no secret that industrial owners are more insulated from the current crisis than their peers in office, retail or hospitality. But projections...

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Lobbying Stampede Breaks Out as Window Narrows for Next Stimulus
News 1 week ago
Lobbying Stampede Breaks Out as Window Narrows for Next Stimulus

Marijuana dispensaries want access to banking services, home builders want tax credits for constructing low-income residences, potato growers want...

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J.C. Penney Faces Possible Snag to a Smooth Restructuring
News 1 week ago
J.C. Penney Faces Possible Snag to a Smooth Restructuring

Now comes the hard part. The 118-year-old retailer called its Friday filing a pre-arranged bankruptcy, meaning its restructuring plan has some...

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News 1 week ago
CORE Real Estate Names Eric Henrickson VP Of Acquisitions

COLUMBUS, Ohio, May 18, 2020 /PRNewswire/ -- CORE Real Estate Capital ("CREC" or "the firm"), a private commercial real estate investor, today...

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How Stores Are Accommodating Customers In The Era Of Coronavirus
News 1 week ago
How Stores Are Accommodating Customers In The Era Of Coronavirus

The re-opening of a Dallas Nordstrom store was a hopeful reminder of the way things used to be, for both customers and staff. "Welcome! We missed...

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Hopeful Home Shoppers Rev Their Engines at the Starting Line
News 1 week ago
Hopeful Home Shoppers Rev Their Engines at the Starting Line

SANTA CLARA, Calif., May 18, 2020 /PRNewswire/ -- Increased activity on realtor.com® suggests that home shoppers are gearing up for a later than...

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City National Site Refinanced for $550 Million
News 1 week ago
City National Site Refinanced for $550 Million

The iconic 2.5 million-square-foot City National Plaza in downtown has been refinanced for $550 million. The property, at 515 S. Flower St., is...

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Cash Flow Concerns Are King With Construction Firms
News 1 week ago
Cash Flow Concerns Are King With Construction Firms

For the construction business, the pandemic's damage has been uneven. Construction employment declined by 975,000 jobs in April, according to a...

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Trump admin slaps solar, wind operators with retroactive rent bills
News 1 week ago
Trump admin slaps solar, wind operators with retroactive rent bills

The move represents a multi-million-dollar hit to an industry that has already seen installation projects canceled or delayed by the global health...

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How Can CRE Survive Impending Recession?
News 1 week ago
How Can CRE Survive Impending Recession?

SAN FRANCISCO-The economic outlook post-COVID-19 will include unknown obstacles for many companies. However, for the commercial real estate...

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Apple reopening 25 more US stores, will soon top 100 worldwide
News 1 week ago
Apple reopening 25 more US stores, will soon top 100 worldwide

Apple Inc will this week reopen more than 25 of its branded stores in the United States, the company said on Sunday, continuing a gradual process...

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J.C. Penney Plans to Spin Off Its Real Estate Division into a REIT
News 1 week ago
J.C. Penney Plans to Spin Off Its Real Estate Division into a REIT

After filing for Chapter 11 protection on Friday, J.C. Penney further outlined its plans on Saturday in an appearance in the US Bankruptcy Court in...

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IKEA’s shopping malls business plans to enter US retail market
News 1 week ago
IKEA’s shopping malls business plans to enter US retail market
Source CRE HERALD

IKEA’s shopping malls business, Ingka Centres, plans to enter the United States retail market in the coming years and is in talks to acquire...

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Weeks into country's reopening, health officials double down on the dangers of mass gatherings
News 1 week ago
Weeks into country's reopening, health officials double down on the dangers of mass gatherings

Most of the country has loosened restrictions meant to curb the spread of coronavirus - but as Americans begin to gather again, health officials...

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Vital Voices Buys Century-Old Building in Logan Circle for Its Headquarters
News 1 week ago
Vital Voices Buys Century-Old Building in Logan Circle for Its Headquarters

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Alibaba, Walmart and Target are about to show retailers’ view of the pandemic
News 1 week ago
Alibaba, Walmart and Target are about to show retailers’ view of the pandemic

U. S. retail companies will be eagerly watching Alibaba Group Holding Ltd.'s next Friday morning report, when the Chinese e-commerce giant will...

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Earnings Watch: Alibaba, Walmart and Target are about to show retailers’ view of the pandemic
News 1 week ago
Earnings Watch: Alibaba, Walmart and Target are about to show retailers’ view of the pandemic

U. S. retail companies will be eagerly watching Alibaba Group Holding Ltd.'s next Friday morning report, when the Chinese e-commerce giant will...

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New Jersey Allows Restaurants to Sell Alcoholic Drinks For Takeout, Delivery
News 1 week ago
New Jersey Allows Restaurants to Sell Alcoholic Drinks For Takeout, Delivery

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Bartering is back: When life gives you lemons, trade them for a neighbor's hand sanitizer
News 1 week ago
Bartering is back: When life gives you lemons, trade them for a neighbor's hand sanitizer

SAN FRANCISCO -- Tammy Calhoun traded a loaf of freshly baked bread and a few homegrown avocados for a neighbor's help planting a vegetable garden...

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Apple reopening 25 more U.S. stores, will soon top 100 worldwide
News 1 week ago
Apple reopening 25 more U.S. stores, will soon top 100 worldwide

The iPhone maker in March shut all its stores outside of Greater China in response to the spread of the coronavirus. It started shutting its China...

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National News

The US housing market has an inventory crisis three months into the coronavirus pandemic. Here's why prices aren't falling even as the economy craters.
News 9 hours ago
The US housing market has an inventory crisis three months into the coronavirus pandemic. Here's why prices aren't falling even as the economy craters.

Three months into the coronavirus pandemic, lockdowns are easing and people are starting to look at housing they could buy — but there's a problem....

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I refinanced my mortgage during COVID-19, and thanks to low interest rates I'll save about $50,000
News 9 hours ago
I refinanced my mortgage during COVID-19, and thanks to low interest rates I'll save about $50,000

When the COVID-19 crisis landed in the United States, the Federal Reserve slashed interest rates to record lows. For mortgage borrowers like me,...

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Colony Capital Exploring Options for Its 157 Hotels
News 10 hours ago
Colony Capital Exploring Options for Its 157 Hotels

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Is the post office open on Memorial Day 2020? Is there mail delivery? Does the mail run?
News 22 hours ago
Is the post office open on Memorial Day 2020? Is there mail delivery? Does the mail run?

Memorial Day 2020 is Monday, May 25. Here is everything you need to know about the post office and mail delivery on Memorial Day 2020: Is the post...

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DC Mayor Would Cut Affordable Housing Funds to Help Deal With Pandemic-Induced Revenue Shortfalls
News 1 day ago
DC Mayor Would Cut Affordable Housing Funds to Help Deal With Pandemic-Induced Revenue Shortfalls

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Worthing Southeast Kicks Off Construction on Apartments in Alpharetta, Georgia
News 1 day ago
Worthing Southeast Kicks Off Construction on Apartments in Alpharetta, Georgia

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Outlook for US Hotels This Year Worsens, Led by Luxury Properties
News 2 days ago
Outlook for US Hotels This Year Worsens, Led by Luxury Properties

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Pet Food Arm of Candy Maker Mars to Restructure Distribution Network
News 2 days ago
Pet Food Arm of Candy Maker Mars to Restructure Distribution Network

Exclusive: Mars Petcare is Mystery Tenant Behind 611,000-Square-Foot Lease in Dallas Area Watch the video to learn how you can access industry...

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New Jersey Is Not Ready for Outdoor Dining During Pandemic, Governor Says
News 2 days ago
New Jersey Is Not Ready for Outdoor Dining During Pandemic, Governor Says

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Colorado’s Health Capitol Leases Full Floor in Downtown Denver
News 2 days ago
Colorado’s Health Capitol Leases Full Floor in Downtown Denver

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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New Jersey Expands Pandemic Aid to Small Businesses With $50 Million
News 2 days ago
New Jersey Expands Pandemic Aid to Small Businesses With $50 Million

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Retail job losses highest on record as coronavirus wreaks havoc on economy
News 2 days ago
Retail job losses highest on record as coronavirus wreaks havoc on economy

The already struggling retail industry has experienced catastrophic layoffs amid the coronavirus pandemic that are hitting historic levels. During...

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REIT Splits From Deal to Marry Grand Ole Opry, Austin City Limits Real Estate
News 2 days ago
REIT Splits From Deal to Marry Grand Ole Opry, Austin City Limits Real Estate

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Bed Bath & Beyond to Open Half of Stores
News 2 days ago
Bed Bath & Beyond to Open Half of Stores

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Denver Investor Grows Texas Portfolio With Industrial Deal
News 2 days ago
Denver Investor Grows Texas Portfolio With Industrial Deal

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Edelbrock Corp Sells Torrance Distribution Building
News 2 days ago
Edelbrock Corp Sells Torrance Distribution Building

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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You Can’t Spell FIRE Without Refi. Should Savers Trying to Retire Early Refinance?
News 2 days ago
You Can’t Spell FIRE Without Refi. Should Savers Trying to Retire Early Refinance?

With mortgage rates at record lows, refinancing should seem like a no-brainer if you can potentially save some money over the longer term. For...

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Has the housing market reached the bottom? New data suggests the market has already started to recover.
News 2 days ago
Has the housing market reached the bottom? New data suggests the market has already started to recover.

A report by Bank of America (BofA) points to early data that it says suggests the housing market has already reached the bottom — nearly a year...

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Melinta Therapeutics Renews Lease at Tri-State International Office Center in Lincolnshire
News 2 days ago
Melinta Therapeutics Renews Lease at Tri-State International Office Center in Lincolnshire

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Coronavirus-Related Delays Slow Uber's Move Into New San Francisco Headquarters
News 2 days ago
Coronavirus-Related Delays Slow Uber's Move Into New San Francisco Headquarters

Temporary Halt on New Construction Pushes Completion of Ride-Hailing Giant's Future Headquarters Further Into 2020 Watch the video to learn how you...

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Sacramento’s Priciest Apartment Markets Seeing Rents Fall
News 2 days ago
Sacramento’s Priciest Apartment Markets Seeing Rents Fall

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Molto Properties Names Vice President of Central Region
News 2 days ago
Molto Properties Names Vice President of Central Region

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Compass Group USA Signs Industrial Lease in Madison
News 2 days ago
Compass Group USA Signs Industrial Lease in Madison

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Retailing Is a Jungle That Will Keep Favoring Giants. Mom and Pop, Look Out.
News 2 days ago
Retailing Is a Jungle That Will Keep Favoring Giants. Mom and Pop, Look Out.

Retail traffic fell almost 92% last week, compared with the level the year before. In normal times, that would be a disaster. In the time of...

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It’s All About the Real Estate
News 2 days ago
It’s All About the Real Estate

The clock is ticking. If Penney doesn't meet key deadlines, it might have to liquidate, according to filings. The retailer must come up with a...

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Skittles ditches the rainbow to celebrate the LGBTQ+ community for Pride Month
News 2 days ago
Skittles ditches the rainbow to celebrate the LGBTQ+ community for Pride Month

The candy that's known for its iconic rainbow is ditching their colorful symbol for Pride Month to celebrate and support the LGBTQ+ community....

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Ryan Makes Another High-Profile Hire With New Top Attorney
News 3 days ago
Ryan Makes Another High-Profile Hire With New Top Attorney

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Burger Chain Goes on Expansion Spree With SoftBank-Backed Venture
News 3 days ago
Burger Chain Goes on Expansion Spree With SoftBank-Backed Venture

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Best Buy Sees E-Commerce Jump 155%
News 3 days ago
Best Buy Sees E-Commerce Jump 155%

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is...

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Coronavirus crisis pushing CRE toward online tools, says CREXi exec
News 3 days ago
Coronavirus crisis pushing CRE toward online tools, says CREXi exec

Amid the coronavirus crisis, Commercial Real Estate Exchange Inc. - aka CREXi - is announcing a new partnership for its online marketplace for...

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Local Events

Event 05/27/2020
[WEBINAR] Modernized Marketing for CRE

Join us Wednesday, May 27th at 3pm ET/12pm PT for our webinar, Modernized Marketing for CRE with Biproxi. Andreea Borcea (Head of Marketing) and...

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