Local News

IRS Increases Auditing for High Net Worth Individuals
News 3 days ago
IRS Increases Auditing for High Net Worth Individuals

The IRS has announced plans to increase audits on high net worth individuals. This group of taxpayers has been negligent in paying taxes, racking...

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Size of home purchase loans hits record high
News 3 days ago
Size of home purchase loans hits record high

The final week of June saw the average loan size hit $360,300, a record high in the history of MBA’s purchase index (iStock) Homebuyers celebrated...

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As Retail Anchors Go Under, Landlords Offer Rent Concessions in Exchange for Other Tenants’ Co-Tenancy Clauses
News 3 days ago
As Retail Anchors Go Under, Landlords Offer Rent Concessions in Exchange for Other Tenants’ Co-Tenancy Clauses

As more U. S. department stores and other anchor retail tenants file for bankruptcy and close permanently, landlords face yet another problem in an...

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U.S. Seaports Outlook Report
Blog 3 days ago
U.S. Seaports Outlook Report

Prior to the COVID-19 pandemic outbreak, U.S. seaports experienced a robust year in 2019 with increased twenty-foot equivalent unit (TEU) counts...

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JPMorgan Puts Plans for Ohio Office Return on Hold Indefinitely
News 3 days ago
JPMorgan Puts Plans for Ohio Office Return on Hold Indefinitely

Plans by the biggest U. S. bank to bring back as many as half its workers to buildings in the city between July 13 and Labor Day are on hold...

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Kimco Realty Debuts Green Debt as It Boosts Focus on ESG Issues
News 3 days ago
Kimco Realty Debuts Green Debt as It Boosts Focus on ESG Issues

The real estate investment trust sold $500 million in green bonds after the offering was boosted by $200 million amid strong investor demand,...

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Purchase mortgage applications continue their recovery
News 3 days ago
Purchase mortgage applications continue their recovery

For the first time in three weeks, mortgage application volume increased, this time by 2.2%, as purchase activity was up in a holiday-shortened...

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Home Purchase Loans Rise First Week of July 2020
News 3 days ago
Home Purchase Loans Rise First Week of July 2020

Homebuyers celebrated before the July 4 holiday weekend by applying for mortgages. An index tracking applications to buy single-family homes...

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Yieldstreet: 2020’s Second Half is When the Real Pain Starts
News 3 days ago
Yieldstreet: 2020’s Second Half is When the Real Pain Starts

As some parts of the country shut down again, many observers expect to see the full economic fallout of COVID-19 in the third and fourth quarters....

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JLL Sees 'Significant Progress in Impact Investing' on Horizon
News 3 days ago
JLL Sees 'Significant Progress in Impact Investing' on Horizon

Social impact strategies will remain in focus by major institutional investors despite the uncertainty of the coronavirus era, the global head of...

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Healthcare Real Estate
News 3 days ago
Healthcare Real Estate "Remains a Sector of Change" Amid Pandemic

A new report from BTIG shows that health care REITS are down nearly 26% year-to-date as opposed to the wider REITS sector, which is down about 14%....

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Where America stands on the COVID pandemic
News 3 days ago
Where America stands on the COVID pandemic

An exclusive Harris survey finds a majority of Americans are cautious about venturing back into the office-and believe health should be prioritized...

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Construction Labor Pool Increases During Pandemic
News 3 days ago
Construction Labor Pool Increases During Pandemic

Construction labor and construction jobs are both increasing. Since the start of the pandemic, there has been an increase in the available labor...

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CREW Network: A More Diverse, Equal CRE Industry Starts Here
News 3 days ago
CREW Network: A More Diverse, Equal CRE Industry Starts Here

DALLAS-The face of commercial real estate has often been white and male, but CREW (Commercial Real Estate Women) Network has created a path for...

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Families Key in Future Rental Housing Market
News 3 days ago
Families Key in Future Rental Housing Market

As millennials age towards having children, while the generation continues to delay home buying, family-friendly rental units will become more...

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Fed’s Beige Book in focus as conversation about diversity continues
Blog 4 days ago
Fed’s Beige Book in focus as conversation about diversity continues

One criticism of the Federal Reserve's Beige Book is that it focuses on business owners and leaves out consumers. It's not on top of the bestseller...

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Investors eye triple net-lease properties
Blog 4 days ago
Investors eye triple net-lease properties

With the global economy under pressure, commercial real estate investors are searching for defensive strategies that are more likely to see them...

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Vacancy Rates in Senior Housing Sector Are Up for Q1
News 4 days ago
Vacancy Rates in Senior Housing Sector Are Up for Q1

Vacancy rates in the senior housing sector have been trending upward for the past two years. A new report from Moody's Analytics sees vacancies...

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CIM Group Tops Out on Boston Office
News 4 days ago
CIM Group Tops Out on Boston Office
Source CP Executive

CIM Group, in partnership with Nordblom Co., has topped out its Boston office project that will share amenities and a lobby with an adjacent office...

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EXIT Realty Corp. announces new ownership in Virginia
News 4 days ago
EXIT Realty Corp. announces new ownership in Virginia

Lorton, VA - Tami Bonnell, CEO of EXIT Realty Corp. International announced a change of ownership of the subfranchisor rights for the state of...

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Press Release 4 days ago
NAI Capital Completes 15.78 Acre Private School Campus Sale in Chatsworth, CA

Los Angeles, CA – July 7, 2020 –  Executive Managing Director Chris Jackson, Executive Vice President Todd Lorber and Senior Associate Grant...

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Zara Founder Unveils $17.2 Billion Global Real Estate Empire
News 4 days ago
Zara Founder Unveils $17.2 Billion Global Real Estate Empire

The Spanish billionaire's property holdings have soared to 15.2 billion euros ($17.2 billion), his firm revealed Tuesday for the first time, giving...

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Dexus to Buy Australian Industrial Assets for $120M
News 4 days ago
Dexus to Buy Australian Industrial Assets for $120M
Source CP Executive

Dexus Australian Logistics Trust will soon enhance its holdings with the acquisition of two assets totaling approximately 762,600 square feet. DALT...

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Have All Real Estate Sectors Hit Bottom?
News 4 days ago
Have All Real Estate Sectors Hit Bottom?

Real estate professionals in the commercial and residential sectors largely believe the industry has already hit bottom and is now on the mend with...

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REIT Group Says Health and Justice Investment Pays
News 4 days ago
REIT Group Says Health and Justice Investment Pays

The events of 2020 have given new urgency to the need for wise investors to factor in every company's performance in environmental stewardship,...

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Tonix Pharmaceuticals Plans Massachusetts R&D Facility
News 4 days ago
Tonix Pharmaceuticals Plans Massachusetts R&D Facility

NEW YORK, July 07, 2020 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a clinical-stage...

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Real Estate Survey Predicts Office Market Will Remain in Decline
News 4 days ago
Real Estate Survey Predicts Office Market Will Remain in Decline
Source ENR.com

The only bright spot in a national real estate market in terrible shape, thanks to COVID-19, is an uptick in demand for industrial warehouse space...

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Search Terms Reveal COVID’s Uneven Impact
News 4 days ago
Search Terms Reveal COVID’s Uneven Impact

When COVID-19 hit, CREXi, an online marketplace for CRE properties, saw search terms decline for commercial real estate assets. "The bottom [in...

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U.S. Service Sector Rebounds Sharply After Two-Month Decline
News 4 days ago
U.S. Service Sector Rebounds Sharply After Two-Month Decline
Source Connect Media

U.S. services industry activity as measured by the Institute for Supply Management (ISM) rebounded sharply in June, almost returning to its pre...

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Retail inventory valuations bounced back during re-openings
News 4 days ago
Retail inventory valuations bounced back during re-openings

Retail inventory valuations bounced back quickly to surprising health levels quickly in May and June. As large numbers of Americans responded to...

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National News

WeWork Scrapping Baltimore Lease, Days After Ditching New York Deal, Shows Market Pressure
News 10 hours ago
WeWork Scrapping Baltimore Lease, Days After Ditching New York Deal, Shows Market Pressure

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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Kimco Prepares Its First Green Bond Deal for Next Week
News 11 hours ago
Kimco Prepares Its First Green Bond Deal for Next Week

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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Industrial Landlords Are Increasing Asking Rents at a Breakneck Pace in Atlanta
News 11 hours ago
Industrial Landlords Are Increasing Asking Rents at a Breakneck Pace in Atlanta

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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Merging Investment Advisory Firms to Keep Dual Headquarters
News 11 hours ago
Merging Investment Advisory Firms to Keep Dual 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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Colony Capital Leads Investor Group Backing Vantage Data Centers' Expansion Plans
News 11 hours ago
Colony Capital Leads Investor Group Backing Vantage Data Centers' Expansion Plans

Vantage Data Centers develops and operates large data centers such as this one in Santa Clara, California, occupied by servers powering Facebook. ...

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Famed Restaurant Sues Insurer Over Denied Business-Interruption Claim
News 11 hours ago
Famed Restaurant Sues Insurer Over Denied Business-Interruption Claim

The Bay Area's iconic Chez Panisse restaurant is the latest to sue its insurer over denying its business-interruption claim. (Ian Ramsley/Flickr)...

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Brasa Pivots to Distressed Debt During Pandemic
News 11 hours ago
Brasa Pivots to Distressed Debt During Pandemic

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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Office Renovation Strategy in Florida Leads to Almost 50% Gain in Four Years
News 11 hours ago
Office Renovation Strategy in Florida Leads to Almost 50% Gain in Four Years

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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Residential Developer Snags Land Near Uptown, Charlotte for Luxury Project
News 11 hours ago
Residential Developer Snags Land Near Uptown, Charlotte for Luxury Project

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 Rentals in Hot Durham, North Carolina, Market Sell for $87 Million
News 11 hours ago
New Rentals in Hot Durham, North Carolina, Market Sell for $87 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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Buccini/Pollin Group Buys Renaissance Hotel in Baltimore's Inner Harbor in Record Deal
News 12 hours ago
Buccini/Pollin Group Buys Renaissance Hotel in Baltimore's Inner Harbor in Record 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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Healthcare REIT Closes First Medical Office Building Sale in Almost a Year Near Birmingham, Alabama
News 12 hours ago
Healthcare REIT Closes First Medical Office Building Sale in Almost a Year Near Birmingham, Alabama

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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Investigation Finds Almost $600 Million in New Jersey Tax Incentives Could Be Recouped
News 12 hours ago
Investigation Finds Almost $600 Million in New Jersey Tax Incentives Could Be Recouped

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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Charleston’s Latest Jobs Report Provides Cautiously Optimistic Economic Outlook
News 12 hours ago
Charleston’s Latest Jobs Report Provides Cautiously Optimistic Economic Outlook

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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Sarasota Multifamily Market Contending With Dual Threat Posed by Pandemic, Heavy Supply Pipeline
News 12 hours ago
Sarasota Multifamily Market Contending With Dual Threat Posed by Pandemic, Heavy Supply Pipeline

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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Pent-Up Demand Unlikely to Drive a Full Recovery for Retail or the Economy
News 12 hours ago
Pent-Up Demand Unlikely to Drive a Full Recovery for Retail or the Economy

Wary of Rising Cases, Many Consumers Lack Confidence to Spend at Pre-Pandemic Levels Watch the video to learn how you can access industry leading...

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San Francisco Hotels Say New Cleaning Ordinance Could Be a Fatal Blow
News 12 hours ago
San Francisco Hotels Say New Cleaning Ordinance Could Be a Fatal Blow

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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Hong Kong Developer in Talks to Buy Majority Stake in Operator of Floating Queen Mary Hotel
News 13 hours ago
Hong Kong Developer in Talks to Buy Majority Stake in Operator of Floating Queen Mary Hotel

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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Namdar Realty Group Signs ScareHouse to Lease at Pittsburgh Mills
News 13 hours ago
Namdar Realty Group Signs ScareHouse to Lease at Pittsburgh Mills

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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Tiff's Treats Bakes Up National Growth Plans After Scoring $15 Million in Funding
News 13 hours ago
Tiff's Treats Bakes Up National Growth Plans After Scoring $15 Million in Funding

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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Cushman & Wakefield Wins Back Leasing Assignment at Four Seasons Tower
News 13 hours ago
Cushman & Wakefield Wins Back Leasing Assignment at Four Seasons Tower

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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Commercial Sales Volume in Baltimore Declined Tremendously in the Second Quarter
News 14 hours ago
Commercial Sales Volume in Baltimore Declined Tremendously in the Second Quarter

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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CBRE Adds Two Retail Brokers to Columbus Office
News 14 hours ago
CBRE Adds Two Retail Brokers to Columbus Office

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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Merck Spinoff Agrees to Locate Headquarters in Jersey City, New Jersey
News 14 hours ago
Merck Spinoff Agrees to Locate Headquarters in Jersey City, New Jersey

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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Lehigh Valley Not Terribly Affected by Coronavirus Through the Second Quarter
News 15 hours ago
Lehigh Valley Not Terribly Affected by Coronavirus Through the Second Quarter

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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Producer Prices Fall, Report Says Oil Demand May Have Bottomed, Another Record for New Coronavirus Cases
News 15 hours ago
Producer Prices Fall, Report Says Oil Demand May Have Bottomed, Another Record for New Coronavirus Cases

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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DavidsTea Obtains Creditor Protection, Plans to Close Stores
News 15 hours ago
DavidsTea Obtains Creditor Protection, Plans to Close 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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Ventas Expands Board, Adds Equity LifeStyle CEO as Director
News 15 hours ago
Ventas Expands Board, Adds Equity LifeStyle CEO as Director

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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Jobless Claims Decline But Remain Above 1.3 million, GOP Eyes Stimulus Check Limits, Fauci Says Some States May Need to Shut Again
News 16 hours ago
Jobless Claims Decline But Remain Above 1.3 million, GOP Eyes Stimulus Check Limits, Fauci Says Some States May Need to Shut Again

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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Inland's Retail Rent Payments Dwindle
News 16 hours ago
Inland's Retail Rent Payments Dwindle

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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