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10 Must Reads for the CRE Industry Today (Feb. 25, 2020)
News 3 months ago
10 Must Reads for the CRE Industry Today (Feb. 25, 2020)
Source NREI - Wire

Fears surrounding coronavirus spread could cause the Federal Reserve to cut interest rates in March, reports MarketWatch. Apple has signed a 220...

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Five Must Reads for the CRE Industry Today (Feb. 24, 2020)
News 3 months ago
Five Must Reads for the CRE Industry Today (Feb. 24, 2020)
Source NREI - Wire

Bisnow profiles 24 Black executives playing significant roles in the commercial real estate industry. Investment sales volume in Chicago fell by...

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Victoria’s Secret Sells Control to Sycamore; Wexner Steps Down
News 3 months ago
Victoria’s Secret Sells Control to Sycamore; Wexner Steps Down
Source NREI - Wire

Sycamore Partners agreed to buy a 55 percent stake in the chain in a deal that values it at $1.1 billion. (Bloomberg)—L Brands Inc. agreed to sell...

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Hilton Plans a Las Vegas Hotel in Brand’s Return to the Strip
News 3 months ago
Hilton Plans a Las Vegas Hotel in Brand’s Return to the Strip
Source NREI - Wire

Hilton has agreed to operate three hotels that will be part of Genting Group’s Resorts World Las Vegas. (Bloomberg)—The Las Vegas Hilton was a...

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Forever 21’s New Owners in Talks to Keep Most U.S. Stores Open
News 3 months ago
Forever 21’s New Owners in Talks to Keep Most U.S. Stores Open
Source NREI - Wire

Simon, Brookfield and Authentic Brands plan to keep most of the chain’s U.S. stores open post-bankruptcy. (Bloomberg)—Forever 21 Inc.’s new owners...

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New York Area Has Highest Rate of Bank Branch Closings in U.S.
News 3 months ago
New York Area Has Highest Rate of Bank Branch Closings in U.S.
Source NREI - Wire

The number of bank branches in New York fell by 6.8 percent in the 12 months through June, according to JLL. (Bloomberg)—Bank branches are...

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10 Must Reads for the CRE Industry Today (Feb. 19, 2020)
News 3 months ago
10 Must Reads for the CRE Industry Today (Feb. 19, 2020)
Source NREI - Wire

The value of cell towers is expected to rise, reports the Wall Street Journal. Home furnishings retailer Pier 1 files for bankruptcy, according to...

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Five Must Reads for the CRE Industry Today (Feb. 17, 2020)
News 3 months ago
Five Must Reads for the CRE Industry Today (Feb. 17, 2020)
Source NREI - Wire

Fortune profiles Blackstone’s rise to become the world’s largest commercial real estate company. Seeking Alpha analyzes the recent performance of...

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Berlin’s Top Office Landlord Sees Warsaw as Next Big Thing
News 3 months ago
Berlin’s Top Office Landlord Sees Warsaw as Next Big Thing
Source NREI - Wire

That trend is most visible in Warsaw, whose flat terrain and heavy destruction in World War II left ample room for new high-rises. (Bloomberg) --...

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Pier 1 Files for Bankruptcy, Seeking Time to Sell Troubled Chain
News 3 months ago
Pier 1 Files for Bankruptcy, Seeking Time to Sell Troubled Chain
Source NREI - Wire

The Fort Worth, Texas-based retailer is in talks with multiple potential buyers. (Bloomberg) -- Pier 1 Imports Inc. filed for Chapter 11 bankruptcy...

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Macy’s Herald Square Skyscraper Project Faces Tough Road Ahead
News 3 months ago
Macy’s Herald Square Skyscraper Project Faces Tough Road Ahead
Source NREI - Wire

The proposed 1.5-million-sq.-ft. office tower requires zoning changes that would have to be approved by the city. (Bloomberg)—Macy’s Inc. faces a...

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10 Must Reads for the CRE Industry Today (Feb. 13, 2020)
News 3 months ago
10 Must Reads for the CRE Industry Today (Feb. 13, 2020)
Source NREI - Wire

CoStar Group to buy apartment search firm RentPath for $588 million, reports the Wall Street Journal. Forbes looks at the growing trend of build-to...

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Judge to Approve Forever 21 Sale That Ends Founders’ Control
News 3 months ago
Judge to Approve Forever 21 Sale That Ends Founders’ Control
Source NREI - Wire

The new owners have agreed to pay $81 million in cash and assume certain liabilities, including $53 million in merchandise not yet paid for. ...

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Real Estate Fund Redemptions Surge on Alarm Over Malls
News 3 months ago
Real Estate Fund Redemptions Surge on Alarm Over Malls
Source NREI - Wire

The funds could be forced to unload mall properties at a time when buyers are in short supply. In the U.S. (Bloomberg) -- Real-estate funds in the...

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Libor Transition Hits Hurdle as SOFR-Linked Bond Sales Slump
News 3 months ago
Libor Transition Hits Hurdle as SOFR-Linked Bond Sales Slump
Source NREI - Wire

Market watchers say the change of tack is unlikely an indictment of SOFR itself. (Bloomberg) -- The biggest issuers of bonds tied to the benchmark...

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10 Must Reads for the CRE Industry Today (Feb. 12, 2020)
News 3 months ago
10 Must Reads for the CRE Industry Today (Feb. 12, 2020)
Source NREI - Wire

Analysts question whether Simon’s bid to rescue Forever 21 can succeed, reports the Wall Street Journal. Former newspaper headquarters appeal to...

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Treasury Inversion Is Not About the U.S., It Is About the Whole World
News 3 months ago
Treasury Inversion Is Not About the U.S., It Is About the Whole World
Source NREI - Wire

What used to be a reliable American recession indicator is instead an barometer of investors diving for cover worldwide. (Bloomberg) -- The U.S....

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10 Must Reads for the CRE Industry Today (Feb. 11, 2020)
News 3 months ago
10 Must Reads for the CRE Industry Today (Feb. 11, 2020)
Source NREI - Wire

AI helps during the process of appraisals, speeding up transaction times, reports the Wall Street Journal. Several major real estate trade...

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Five Must Reads for the CRE Industry Today (Feb. 10, 2020)
News 3 months ago
Five Must Reads for the CRE Industry Today (Feb. 10, 2020)
Source NREI - Wire

Simon Property Group has agreed to acquire an 80 percent stake in Taubman Centers in deal worth about $3.6 billion. Business leaders in Dallas are...

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6 Trends Affecting Self-Storage Development in 2020
News 3 months ago
6 Trends Affecting Self-Storage Development in 2020
Source NREI - Wire

There are dozens of important steps that must be taken during the planning and building of a self-storage project. Here are six industry trends...

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10 Must Reads for the CRE Industry Today (Feb. 6, 2020)
News 3 months ago
10 Must Reads for the CRE Industry Today (Feb. 6, 2020)
Source NREI - Wire

Macy’s releases new details on the planned office tower atop its Manhattan flagship location, reports the Wall Street Journal. Cities across the...

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San Francisco’s Transamerica Tower Selling to NYC Developer
News 3 months ago
San Francisco’s Transamerica Tower Selling to NYC Developer
Source NREI - Wire

A group led by developer Michael Shvo has made a deal to purchase the Transamerica Pyramid building for about $700 million. (Bloomberg)—The...

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10 Must Reads for the CRE Industry Today (Feb. 5, 2020)
News 3 months ago
10 Must Reads for the CRE Industry Today (Feb. 5, 2020)
Source NREI - Wire

The drop in Chinese tourism is starting to affect hotel occupancy rates in major U.S. cities, reports The New York Times. Macy’s is closing its...

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Opportunity Zone Developer Pitches Student Housing Project for Downtown San Jose
News 3 months ago
Opportunity Zone Developer Pitches Student Housing Project for Downtown San Jose
Source NREI - Wire

Urban Catalyst plans to develop a 20-story, 220-unit student housing project in the city. San Jose-based Opportunity Zone developer Urban Catalyst...

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10 Must Reads for the CRE Industry Today (Feb. 4, 2020)
News 3 months ago
10 Must Reads for the CRE Industry Today (Feb. 4, 2020)
Source NREI - Wire

Co-living arrangements are going mainstream, reports CNBC. Forbes looks at how the tech boom will impact real estate. These are today's must reads...

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Five Must Reads for the CRE Industry Today (Feb. 3, 2020)
News 3 months ago
Five Must Reads for the CRE Industry Today (Feb. 3, 2020)
Source NREI - Wire

CNBC takes a look at the growing trend of retailers filing for Chapter 11 bankruptcy twice in relatively short time frames. The Real Deal breaks...

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As Austin Weighs Overhauling Land Use in 2020, There's a New Draft of the Proposed Code to Mind
News 3 months ago
As Austin Weighs Overhauling Land Use in 2020, There's a New Draft of the Proposed Code to Mind
Source NREI - Wire

The new draft contains 1,382 pages about what can be built in the city. There is another draft of the new land development code to pour over — 1...

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Brown Proposes Real Estate Transfer Fees to Pay for Affordable Housing
News 4 months ago
Brown Proposes Real Estate Transfer Fees to Pay for Affordable Housing
Source NREI - Wire

State lawmakers and voters would need to approve the proposal by Oregon Governor Kate Brown to place transfer fees on real estate transactions....

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10 Must Reads for the CRE Industry Today (Jan. 30, 2020)
News 4 months ago
10 Must Reads for the CRE Industry Today (Jan. 30, 2020)
Source NREI - Wire

NMHC President Doug Bibby announced he’s stepping down in 2021, reports Multi-Housing News. Mortgage Professional America looks at a fraud case...

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Atari-Themed Hotel Pegged for Austin, Other Cities
News 4 months ago
Atari-Themed Hotel Pegged for Austin, Other Cities
Source NREI - Wire

A Phoenix entrepreneur is behind the idea for a change of game-themed hotels across the country. Atari wants to build game-themed hotels across the...

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