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Reonomy Raises $60M In Uncertain Post-WeWork IPO PropTech Climate
News 2 weeks ago
Reonomy Raises $60M In Uncertain Post-WeWork IPO PropTech Climate

Enthusiasm among investors for the PropTech sector is high, especially this year, but the memory of WeWork's botched IPO is also fresh, leaving...

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Senate Introducing Bill To Disqualify Affluent Opportunity Zones
News 2 weeks ago
Senate Introducing Bill To Disqualify Affluent Opportunity Zones

Congress is turning up the heat on the opportunity zone program. Sen. Ron Wyden (D-Ore.) is introducing a bill that would eliminate around 200...

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SoftBank CEO Outlines WeWork Turnaround Plan, Regrets 'Bad Judgment'
News 2 weeks ago
SoftBank CEO Outlines WeWork Turnaround Plan, Regrets 'Bad Judgment'

The man most responsible for driving WeWork's valuation close to $50B has offered a mea culpa - and promised a turnaround. SoftBank Group CEO...

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Walgreens Considers Going Private In History's Largest Leveraged Buyout
News 2 weeks ago
Walgreens Considers Going Private In History's Largest Leveraged Buyout

Walgreens Boots Alliance may be considering a deal that would take the pharmacy giant private. Such a maneuver would represent the largest...

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Strong Job Numbers, Earnings Point To A Longer-Than-Expected Runway For CRE
News 2 weeks ago
Strong Job Numbers, Earnings Point To A Longer-Than-Expected Runway For CRE

A strong jobs report, the stock market performing at record highs and low interest rates continue to fuel U. S. commercial real estate's prolonged...

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Members Of Congress Want Inspector General To Take A Hard Look At OZs
News 2 weeks ago
Members Of Congress Want Inspector General To Take A Hard Look At OZs

U. S. Sen. Cory Booker (D-N.J.), Rep. Emanuel Cleaver (D-Mo.), and Rep. Ron Kind (D-Wis.) are calling on the Treasury Department to take a close...

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Anthony Scaramucci Slashes Opportunity Fund Goal By 90%, Citing Lack Of Interest
News 2 weeks ago
Anthony Scaramucci Slashes Opportunity Fund Goal By 90%, Citing Lack Of Interest

Before the regulations surrounding opportunity zones have even been finalized, at least one high-profile investor is ready to declare them a...

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Landlords Skeptical After WeWork Rescue, Start Openly Discussing Plan B's
News 2 weeks ago
Landlords Skeptical After WeWork Rescue, Start Openly Discussing Plan B's

WeWork may have been pulled back from the edge of insolvency by its biggest investor, but many of its landlords are still preparing for a worst...

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ORIX USA Snaps Up Hunt Real Estate Capital
News 2 weeks ago
ORIX USA Snaps Up Hunt Real Estate Capital

Orix Corp. USA, the North and South American arm of Tokyo-based financial services giant Orix Corp., is acquiring commercial real estate lender...

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IRS Releases Additional Reporting Requirements For Opportunity Zone Investing
News 2 weeks ago
IRS Releases Additional Reporting Requirements For Opportunity Zone Investing

A clear picture of the opportunity zone program remains out of reach, but more information trickled out of the Internal Revenue Service at the end...

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Mack-Cali Mulls $1B Suburban Asset Sale
News 2 weeks ago
Mack-Cali Mulls $1B Suburban Asset Sale

Mack-Cali Realty Corp. is poised to intensify its focus on waterfront properties while selling off other assets, especially suburban office, CEO...

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As Forever 21 Reduces Its Store Closures, Simon Thinks The Worst Is Over For Retail Bankruptcies
News 2 weeks ago
As Forever 21 Reduces Its Store Closures, Simon Thinks The Worst Is Over For Retail Bankruptcies

The biggest mall landlord in the country is feeling optimistic as one of the bloodiest years for retail in recent memory approaches its end. During...

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Private Companies Have Another Year To Deal With New Lease Accounting Standards, And They'll Probably Need It
News 2 weeks ago
Private Companies Have Another Year To Deal With New Lease Accounting Standards, And They'll Probably Need It

The Financial Accounting Standards Board has given U. S. private companies and nonprofits another year to start treating their operating leases as...

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Economists React To October Jobs Report On Twitter
News 2 weeks ago
Economists React To October Jobs Report On Twitter

Nonfarm payroll employment increased by 128,000 jobs in October, the U. S. Bureau of Labor Statistics reported Friday, marking the country's 109th...

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Kraft Heinz, Former NBA Commissioner Invest In Dispensary Support Software Platform
News 3 weeks ago
Kraft Heinz, Former NBA Commissioner Invest In Dispensary Support Software Platform

Legal uncertainty around the burgeoning cannabis retail industry has led investors to find side doors through which to spend their capital. Flowhub...

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Despite Litany Of Woes, WeWork Still Launching New Business Lines
News 3 weeks ago
Despite Litany Of Woes, WeWork Still Launching New Business Lines

The well-known woes of WeWork apparently haven't stopped the company from pursuing new ventures, including a new Bay Area WeWork Food Labs and an...

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Why Some Investors Ignore The Data And Stick To The Priciest Markets
News 3 weeks ago
Why Some Investors Ignore The Data And Stick To The Priciest Markets

Population and economic rankings don't always dictate a city's business climate. But for many leading developers and investors in commercial real...

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Vacation Rental Management Startup Vacasa Claims Unicorn Status
News 3 weeks ago
Vacation Rental Management Startup Vacasa Claims Unicorn Status

Vacation-specific property management service Vacasa said its latest round of capital fundraising has made it a unicorn. Vacasa has completed a...

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MedMen Expanding Store Count In The Face Of Increasing Losses
News 3 weeks ago
MedMen Expanding Store Count In The Face Of Increasing Losses

Cannabis retailer MedMen Enterprises, which has operations in states where cannabis is legal either medicinally or recreationally or both, has...

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WeWork Sued For Breach Of Contract Over Continuous Construction
News 3 weeks ago
WeWork Sued For Breach Of Contract Over Continuous Construction

One of WeWork's San Francisco landlords is suing the beleaguered coworking company for breach of contract, alleging it repeatedly violated its...

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Reaching The Peak At Ascent — How A Miami Retreat Forged A Deal In Boston
News 3 weeks ago
Reaching The Peak At Ascent — How A Miami Retreat Forged A Deal In Boston

Earlier this fall, a project came across Scott Goldman's desk that reminded him of someone he met months earlier. The deal was to develop a life...

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Treasury Secretary Reportedly Created OZ For Ex-Con Pal Michael Milken
News 3 weeks ago
Treasury Secretary Reportedly Created OZ For Ex-Con Pal Michael Milken

U. S. Treasury Secretary Steven Mnuchin reportedly used his position to create an opportunity zone that would benefit Michael Milken, a financier...

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Will Industrial Space Be Up To The Task Of Supporting Last-Mile Logistics In The 2020s?
News 3 weeks ago
Will Industrial Space Be Up To The Task Of Supporting Last-Mile Logistics In The 2020s?

Online retail is addicted to speed, especially as Amazon ups the game to make same-day delivery seem normal. That puts the squeeze on everyone else...

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Levi's Opening 100 More Retail Stores As Its Wholesale Numbers Drop
News 3 weeks ago
Levi's Opening 100 More Retail Stores As Its Wholesale Numbers Drop

Levi Strauss & Co. has been busy this year bucking the tide of retail closures, and said it will have opened a total of about 100 new U. S....

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Who Will Fund Housing For Seniors In The ‘Forgotten Middle?’
News 3 weeks ago
Who Will Fund Housing For Seniors In The ‘Forgotten Middle?’

Who Will Fund Housing For Seniors In The 'Forgotten Middle?' A frightening new twist to the affordable housing crisis is bearing down on one of the...

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Amazon's Costly Push For Last-Mile Warehouses Sent Profits Down 26%
News 3 weeks ago
Amazon's Costly Push For Last-Mile Warehouses Sent Profits Down 26%

Amazon is finding out the hard way that last-mile warehouses are among the most complex and costliest elements of industrial real estate. The e...

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Study Finds NIMBYism, Construction Costs Largest Barriers To New Housing
News 4 weeks ago
Study Finds NIMBYism, Construction Costs Largest Barriers To New Housing

At its heart, the problem is simply supply and demand: The cost of housing won't go down until there is more housing. But building new housing is...

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Blueground Bags $50M In Funding To Expand Its Furnished Apartment Empire
News 4 weeks ago
Blueground Bags $50M In Funding To Expand Its Furnished Apartment Empire

Flexible apartment rental specialist Blueground has snagged $50M in a Series B round of financing that was led by WestCap and Prime Ventures. The...

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Amazon To Roll Out Thousands More Pickup Counters With New Store Partnerships
News 4 weeks ago
Amazon To Roll Out Thousands More Pickup Counters With New Store Partnerships

Amazon continues to expand the ways in which its customers can receive packages, which has produced another set of partnerships. The e-commerce...

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As Retailers Hit 'Critical Time' To Prep For Holiday E-Commerce Deluge, Don't Expect Warehouse Absorption Spike
News 4 weeks ago
As Retailers Hit 'Critical Time' To Prep For Holiday E-Commerce Deluge, Don't Expect Warehouse Absorption Spike

Last year's holiday shopping season demonstrated the continuation of two trends: the American customer's increasing reliance on e-commerce, and the...

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