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Bridge Lenders Evolve In Face Of Rent Control, Downturn Speculation
News 4 months ago
Bridge Lenders Evolve In Face Of Rent Control, Downturn Speculation

The nation's largest real estate markets are being roiled by two major forces - fear of an economic recession and the rise of rent control...

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Developers Score Win With Wetlands Protection Rollback
News 4 months ago
Developers Score Win With Wetlands Protection Rollback

The Trump administration has finalized environmental rules that undo an expansion of environmental protection for U. S. waterways enacted by the...

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WeWork Sells Its Stake In The Wing To Google Ventures, TV Star Mindy Kaling
News 4 months ago
WeWork Sells Its Stake In The Wing To Google Ventures, TV Star Mindy Kaling

WeWork's strategy to excise all non-core businesses from its balance sheet continues apace. The company announced on Wednesday that it has disposed...

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Yet Another Brand For Traveling Millennials
News 4 months ago
Yet Another Brand For Traveling Millennials

Hilton is rolling out a new brand, Tempo by Hilton, the latest offering by the hospitality industry to try to capture millennial travelers. The...

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Starbucks To Open 85 Stores In Low-Income Markets, Including OZs
News 4 months ago
Starbucks To Open 85 Stores In Low-Income Markets, Including OZs

Starbucks Corp., building on an initiative it rolled out on a small scale in 2015, plans to open 85 new stores in economically distressed U. S....

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Gap Changes Course, Will Not Spin Off Old Navy Into Separate Company
News 4 months ago
Gap Changes Course, Will Not Spin Off Old Navy Into Separate Company

Gap Inc. has decided it doesn't want to part ways with its cash cow after all. After announcing that it would be spinning off Old Navy into a...

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One Of The World’s Biggest Investors Is Preparing Its $178B Portfolio For Climate Change
News 4 months ago
One Of The World’s Biggest Investors Is Preparing Its $178B Portfolio For Climate Change

Dutch investment giant PGGM is undertaking a radical exercise to find out which assets and areas in its portfolio are most exposed to climate...

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Despite Missed Sales Projections, Discount Retailer Five Below Will Open 180 New Stores This Year
News 4 months ago
Despite Missed Sales Projections, Discount Retailer Five Below Will Open 180 New Stores This Year

Five Below is going full speed ahead with its expansion plans, despite lackluster sales over the holidays. The Philadelphia-based retailer, which...

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The Internet Ate Its Lunch
News 4 months ago
The Internet Ate Its Lunch

High-end electronics retailer Bose Corp. is planning to close all of its retail locations in North America, Europe, Japan and Australia, a total of...

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Treasury Department Opens Probe Into Opportunity Zones
News 4 months ago
Treasury Department Opens Probe Into Opportunity Zones

The U. S. Department of the Treasury has opened an investigation into the federal government's opportunity zone program, the agency said late...

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Simon, Brookfield Partner With Allied Esports To Ramp Up Their Experiential Retail
News 4 months ago
Simon, Brookfield Partner With Allied Esports To Ramp Up Their Experiential Retail

Simon Property Group and Brookfield Property Partners have struck separate deals with Allied Esports Entertainment, an esports company, as part of...

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CVS To Renovate, Add HealthHUB Concept To 600 Stores In 2020
News 4 months ago
CVS To Renovate, Add HealthHUB Concept To 600 Stores In 2020

CVS Health is leaning into the latter part of its name in a major way this year. The pharmacy giant plans to roll out its HealthHUB wellness and...

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MGM Grand, Mandalay Bay Hotels Sell For $4.6B
News 4 months ago
MGM Grand, Mandalay Bay Hotels Sell For $4.6B

MGM Growth Properties and Blackstone Real Estate Income Trust have formed a joint venture to acquire the Las Vegas Strip hotels MGM Grand and...

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Apartment Managers Dealing With Holiday Package Onslaught That Seems To Double Every Year
News 4 months ago
Apartment Managers Dealing With Holiday Package Onslaught That Seems To Double Every Year

The 2019 holiday season was a good one for many retailers, especially online. E-commerce sales grew again during the busiest retail stretch of the...

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Over 1,700 Stores Are Already Slated To Close In 2020
News 4 months ago
Over 1,700 Stores Are Already Slated To Close In 2020

After 2019 set a new record for store closures among national retailers, 2020 is off to a similar start. Over 1,700 closures will take place this...

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WeWork Sells Another Neumann-Era Acquisition
News 4 months ago
WeWork Sells Another Neumann-Era Acquisition

WeWork has sold a meeting space technology company it acquired in 2018, the latest divestiture following its failed IPO attempt last year....

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Elizabeth Warren Proposes Ban On Non-Carbon-Neutral Construction
News 4 months ago
Elizabeth Warren Proposes Ban On Non-Carbon-Neutral Construction

Sen. Elizabeth Warren has proposed a full ban on any construction, residential or commercial, that is not carbon neutral by 2028 as part of her...

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Airbnb Plans To Use Union Labor For Its Developments
News 4 months ago
Airbnb Plans To Use Union Labor For Its Developments

Airbnb has pledged to use union construction labor for its real estate developments, particularly workers who are part of the United Brotherhood of...

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16 Questions With Fore Property Co. Managing Partner Jim Sullivan
News 4 months ago
16 Questions With Fore Property Co. Managing Partner Jim Sullivan

This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses...

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Goldman Sachs Selling Data Center Operator For $2.1B
News 4 months ago
Goldman Sachs Selling Data Center Operator For $2.1B

Macquarie Infrastructure & Real Assets has reportedly inked a deal to acquire a majority stake in AirTrunk, a data center operator in the Asia...

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Opportunity Zone Investment Soared In December, New Data Shows
News 4 months ago
Opportunity Zone Investment Soared In December, New Data Shows

It appears the predictions for an end-of-year rush of investment into opportunity zones came true. Qualified opportunity funds reported raising...

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WeWork 90 Days After Announcing A 90-Day Turnaround Plan
News 4 months ago
WeWork 90 Days After Announcing A 90-Day Turnaround Plan

SoftBank Group CEO Masayoshi Son claimed turning WeWork around would be simple, but the two months since his company took control have proven to be...

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Economists React To December Jobs Report On Twitter
News 4 months ago
Economists React To December Jobs Report On Twitter

Nonfarm payroll employment increased by 145,000 jobs in December, the U. S. Bureau of Labor Statistics reported Friday, marking the country's 111th...

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Still In Bankruptcy, Forever 21 De-Emphasizing Physical Stores
News 4 months ago
Still In Bankruptcy, Forever 21 De-Emphasizing Physical Stores

Bankrupt retailer Forever 21 Inc. is setting its sights on e-commerce sales outside the United States, where consumer spending is rising rapidly....

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U.S. Cities Vowed To Have More Mass Transit By 2020. Most Are Still Waiting.
News 4 months ago
U.S. Cities Vowed To Have More Mass Transit By 2020. Most Are Still Waiting.

U. S. Cities Vowed To Have More Mass Transit By 2020. Most Are Still Waiting. Planners in many U.S. cities benchmarked 2020 as the year transit...

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Using Tech To Win The War Against Construction Costs
News 4 months ago
Using Tech To Win The War Against Construction Costs

The Best Practices series asks CRE leaders around the country about how to best execute a single aspect of their business. Throughout 2019 and into...

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Uber, Hyundai Team Up On Flying Cars. Will Landing Portals Be Standard For Office Buildings By 2040?
News 4 months ago
Uber, Hyundai Team Up On Flying Cars. Will Landing Portals Be Standard For Office Buildings By 2040?

Uber and Hyundai Motor Co. have inked a deal to develop Uber Air Taxis as the basis of an aerial ride-share network in the future, unveiling a full...

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AT&T Looking To Sell 13-Building Office Portfolio In Huge Sale-Leaseback Deal
News 4 months ago
AT&T Looking To Sell 13-Building Office Portfolio In Huge Sale-Leaseback Deal

AT&T is looking to monetize a substantial chunk of its office assets. The telecoms giant is in talks with multiple potential buyers for a 13...

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Iranian Official Threatens Trump's Real Estate
News 4 months ago
Iranian Official Threatens Trump's Real Estate

Escalating tensions between the U. S. and Iran may have made President Donald Trump's properties a target for terrorist attacks. Hesameddin Ashena,...

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After Supreme Court Denial, What's Next For NIMBYs, Inclusionary Zoning?
News 4 months ago
After Supreme Court Denial, What's Next For NIMBYs, Inclusionary Zoning?

Property rights activists, multifamily developers and others who may have hung their anti-inclusionary zoning hopes on Marin County must now look...

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