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10 Must Reads for the CRE Industry Today (March 31, 2020)
News 11 hours ago
10 Must Reads for the CRE Industry Today (March 31, 2020)
Source NREI - Wire

Some people are calling for rent strikes in cities like New York, Boston and Los Angeles, according to the Associated Press. Whole Foods workers...

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Coronavirus layoffs: Macy’s, Kohl’s furlough store workers, other employees
News 11 hours ago
Coronavirus layoffs: Macy’s, Kohl’s furlough store workers, other employees

SAN JOSE - Macy's and Kohl's disclosed plans on Monday for company-wide furloughs, including their department stores, a move that seems certain to...

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News 11 hours ago
Agree Realty Announces Common Stock Offering

BLOOMFIELD HILLS, Mich., March 30, 2020 /PRNewswire/ -- Agree Realty Corporation (ADC) - Get Report (the "Company") today announced that it...

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L.L.Bean CEO says Congress must do more to address 'serious' retail crisis
News 11 hours ago
L.L.Bean CEO says Congress must do more to address 'serious' retail crisis

Many U. S. retailers are facing a financial shock from the coronavirus that has yet to be fully addressed by Washington lawmakers, L.L.Bean CEO...

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Macy's to furlough majority of its 130,000 U.S. workers
News 11 hours ago
Macy's to furlough majority of its 130,000 U.S. workers

Department store giant Macy's Inc. announced Monday that it will furlough the majority of its workforce of 130,000 as it grapples with the impact...

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Central Coast’s Real Estate Academy acquired by PropTech innovator, Realtair
Blog 11 hours ago
Central Coast’s Real Estate Academy acquired by PropTech innovator, Realtair

East Gosford based national real estate training and systems development company, Real Estate Academy, has been acquired by Australian PropTech...

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New York Hotels Donate Facilities During Outbreak
News 11 hours ago
New York Hotels Donate Facilities During Outbreak

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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Maryland, Virginia and DC Join Growing List of Places Now Issuing Stay-at-Home Directives
News 11 hours ago
Maryland, Virginia and DC Join Growing List of Places Now Issuing Stay-at-Home Directives
Source CoStar

Updated: This news story is available exclusively to CoStar subscribers....

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Silverstein, UBS close $519M refi' on 120 Broadway
News 11 hours ago
Silverstein, UBS close $519M refi' on 120 Broadway

Silverstein Properties and UBS Realty Advisors has closed on a $510 million loan to finish their repositioning of 120 Broadway. Cushman & Wakefield...

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Rochester's Destination Medical Center investment hit new record in 2019
News 11 hours ago
Rochester's Destination Medical Center investment hit new record in 2019

Rochester's Destination Medical Center, the multibillion-dollar redevelopment effort that aims to transform the city, drew more than $272 million...

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CA Ventures plans first Austin tower, on Brazos Hall site
News 11 hours ago
CA Ventures plans first Austin tower, on Brazos Hall site

Details are beginning to emerge about a potential tower planned for a half-block in downtown Austin. Brazos Hall and an office building would...

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As hotels plead for 'second' stimulus, Minnesota stares down nearly $1B in possible loan defaults
News 11 hours ago
As hotels plead for 'second' stimulus, Minnesota stares down nearly $1B in possible loan defaults

The hotel industry is warning it will default on at least $86 billion in collateralized loans within the next several months and deliver another...

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Community over Crisis: ‘Creative Communication’ helps residents at senior centers cope with isolation
News 11 hours ago
Community over Crisis: ‘Creative Communication’ helps residents at senior centers cope with isolation

SALT LAKE CITY, Utah (ABC4 News) – The staff at Highland Cove Senior Living Community has been capturing moments of creative communication meant to...

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St. Louis architecture firm CD Cos. looks local as it refocuses strategy during pandemic
News 11 hours ago
St. Louis architecture firm CD Cos. looks local as it refocuses strategy during pandemic

President Dan Cutter and his leadership team have been engineering change at their Maplewood firm for the past several years. In addition to a...

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Take the Quiz: Which Boston Neighborhood Do You Belong In?
Blog 11 hours ago
Take the Quiz: Which Boston Neighborhood Do You Belong In?

Our city is full of eclectic and distinctive neighborhoods, each one unique in their architecture, cuisine, lifestyles and design. Curious to know...

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Macy's to furlough majority of its 130,000 workers amid coronavirus
News 12 hours ago
Macy's to furlough majority of its 130,000 workers amid coronavirus

Department store giant Macy's Inc. announced March 30 that it will furlough the majority of its workforce of 130,000 as it grapples with the impact...

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Meridian Reduces Support and Back Office Staff in Wake of COVID-19
News 12 hours ago
Meridian Reduces Support and Back Office Staff in Wake of COVID-19

As the coronavirus pandemic continues its spread in the country's epicenter, New York City, Meridian Capital Group has begun a "small number" of...

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Miami-Dade suspends permitting and inspections in unincorporated areas
News 12 hours ago
Miami-Dade suspends permitting and inspections in unincorporated areas

Miami-Dade County Permitting and Inspection Center Miami-Dade suspended the county’s building code functions in unincorporated areas, including...

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As industry pleads for 'second' stimulus, South Florida hotels stare down $5.2B in potential loan defaults
News 12 hours ago
As industry pleads for 'second' stimulus, South Florida hotels stare down $5.2B in potential loan defaults

The hotel industry is warning it will default on at least $86 billion in collateralized loans within the next several months and deliver another...

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Harris County Tax Office offers 3-month break in delinquent property tax payments
News 12 hours ago
Harris County Tax Office offers 3-month break in delinquent property tax payments

This story is courtesy of our partners at KHOU 11. Click here for KHOU's original story and related video, and click here for more coronavirus...

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Studies see potential lift for metro Philly’s office market in post-virus boost for life sciences
News 12 hours ago
Studies see potential lift for metro Philly’s office market in post-virus boost for life sciences

The Philadelphia region's office market may recover more smoothly from the coronavirus than other metros', thanks to the major role played by its...

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Even with predictions of a slow Q1, office deals in North Texas are still getting done
News 12 hours ago
Even with predictions of a slow Q1, office deals in North Texas are still getting done

During a Cushman & Wakefield webinar last week, the company's chief economist, Kevin Thorpe, offered a preliminary look at what the impact of the...

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Macy's to furlough most of its workers, including in Central Florida, due to coronavirus
News 12 hours ago
Macy's to furlough most of its workers, including in Central Florida, due to coronavirus

Macy's Inc. is laying off the "majority" of its workforce as the coronavirus has slowed shopping activity for the retailer. The New York (NYSE: M)...

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P&G’s CEO visits White House to highlight efforts to combat coronavirus
News 12 hours ago
P&G’s CEO visits White House to highlight efforts to combat coronavirus

Procter & Gamble CEO David Taylor was at the White House on Monday to discuss efforts the company is making to ramp up production of cleaning,...

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Community Over Crisis: Pleasant Grove mountainside lights up with hope
News 12 hours ago
Community Over Crisis: Pleasant Grove mountainside lights up with hope

PLEASANT GROVE, Utah (ABC4 News) – If you have been driving through Utah County recently, you have probably noticed some new lights on the...

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Texas landlords and tenants: Get prepared to be reasonable
News 12 hours ago
Texas landlords and tenants: Get prepared to be reasonable

The challenges facing our nation as a result of the rapidly spreading coronavirus are unprecedented in modern times. Compounding the public fear of...

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Following Dream Hotel project, Gulch pioneer envisions revival of 130-year-old pottery factory
News 12 hours ago
Following Dream Hotel project, Gulch pioneer envisions revival of 130-year-old pottery factory

Real estate developer Bill Barkley is stuck in the 1890s. His most recent Nashville project involved revitalizing a quartet of buildings dating to...

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Iconic bookstore Powell’s rehires 100 to meet online demand
News 12 hours ago
Iconic bookstore Powell’s rehires 100 to meet online demand

By David Williams | CNN Powell’s Books, the legendary Oregon-based bookstore, announced it has rehired more than 100 of its workers amid the flood...

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WeWork Says It's Financially Equipped to Withstand Virus Crisis, Expects to Renegotiate Leases
News 12 hours ago
WeWork Says It's Financially Equipped to Withstand Virus Crisis, Expects to Renegotiate Leases

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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ULI NNJ Response to the Coronavirus
Blog 12 hours ago
ULI NNJ Response to the Coronavirus

Provided current guidelines from the CDC and local officials, all ULI Northern New Jersey activities will be rescheduled or hosted virtually...

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