Local News

Elevators Could Thwart Office Re-Entry
News 5 days ago
Elevators Could Thwart Office Re-Entry

Elevators make the modern city possible. In New York City alone, commuters take an estimated 4 million elevator rides per day on tens of thousands...

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Hong Kong Office Market Continues to Decentralize in April
News 5 days ago
Hong Kong Office Market Continues to Decentralize in April

According to global real estate consultant Knight Frank, home prices across 56 countries and territories worldwide are rising at an annual rate of...

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Scotiabank Earmarks $1.33 Billion for Bad Loans in Pandemic
News 5 days ago
Scotiabank Earmarks $1.33 Billion for Bad Loans in Pandemic

Scotiabank earmarked C$1.85 billion ($1.33 billion) for soured loans, less than analysts expected. Canada's six biggest banks are expected to set...

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Saks’s Owner Denies Claim It Stripped Assets in Reorganization
News 5 days ago
Saks’s Owner Denies Claim It Stripped Assets in Reorganization

In a memo filed Saturday in New York in response to the lawsuit by U. S. lenders, the company called it "a transparent attempt to gain leverage in...

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Borrowers Pony Up More Cash Reserves to Move Loans Forward
News 5 days ago
Borrowers Pony Up More Cash Reserves to Move Loans Forward

Many lenders that hit the pause button on new originations at the start of the pandemic are stepping back into action, albeit with a more...

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Despite Low Vacancy, Toledo Industrial Market Lacks Spec Development
News 5 days ago
Despite Low Vacancy, Toledo Industrial Market Lacks Spec Development

Positive net absorption totaled 872,584 square feet of industrial space in the second half of 2019, largely due to the First Solar facility, a 1.1...

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Ethan Penner: This is the Time Where You Make Careers
News 5 days ago
Ethan Penner: This is the Time Where You Make Careers

For Ethan Penner, CEO and co-founder of Mosaic Real Estate Investors, each investment cycle has its own tempo. That knowledge can provide comfort...

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A Florida toy importer braces for retail upheaval
News 5 days ago
A Florida toy importer braces for retail upheaval

The Boca Raton, Florida importer sells toys to retailers like Walmart Inc (WMT.N), Target Corp (TGT.N), Amazon.com Inc (AMZN.O), TJX Cos Inc (TJX.N...

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Why Experts Expect Challenges Pricing Student Housing
News 5 days ago
Why Experts Expect Challenges Pricing Student Housing

Student housing operates on its own field. Unlike traditional apartments, student housing has a leasing schedule set by the academic calendar and...

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April Job Losses Bring Seattle's Labor Force to 2013 Levels
News 5 days ago
April Job Losses Bring Seattle's Labor Force to 2013 Levels

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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Black Creek Group Buys Torrance Industrial Warehouse
News 5 days ago
Black Creek Group Buys Torrance Industrial Warehouse

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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Rising Apartment Vacancies Are Boosting Concessions in Salt Lake City
News 5 days ago
Rising Apartment Vacancies Are Boosting Concessions in Salt Lake City

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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Sale Leasebacks on the Rise As Owners Seek Cash
News 5 days ago
Sale Leasebacks on the Rise As Owners Seek Cash

As the realities of COVID-19's impact on the economy become clearer, businesses are looking to strengthen their capital reserves for immediate...

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CRE Economists Think Current Recession Won't Be as Bad as the 2008 Crisis
News 5 days ago
CRE Economists Think Current Recession Won't Be as Bad as the 2008 Crisis

Nearly 40 real estate economists and analysts feel the COVID-19 recession will impact real estate markets and values less severely than the 2008...

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Hotels Should Be Back on the Up-and-Up By Late 2022
News 5 days ago
Hotels Should Be Back on the Up-and-Up By Late 2022

The US hospitality sector has been among the hardest hit by the coronavirus pandemic, but a new CBRE forecast presents a path forward on the return...

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Restaurant-Retailers Think Outside the Box and Grab Outdoor Space
News 5 days ago
Restaurant-Retailers Think Outside the Box and Grab Outdoor Space

SAN FRANCISCO-Restaurants are re-thinking real estate in the slow-reopening phase of the pandemic recovery, driven by a 50 to 75% reduction on...

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COVID-19 is highlighting why supply chains need better data
Blog 6 days ago
COVID-19 is highlighting why supply chains need better data

During the coronavirus pandemic, supply chains of multi-national companies have had to contend with challenges like clogged ports and overflowing...

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The US housing market has an inventory crisis three months into the coronavirus pandemic. Here's why prices aren't falling even as the economy craters.
News 6 days ago
The US housing market has an inventory crisis three months into the coronavirus pandemic. Here's why prices aren't falling even as the economy craters.

Three months into the coronavirus pandemic, lockdowns are easing and people are starting to look at housing they could buy — but there's a problem....

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I refinanced my mortgage during COVID-19, and thanks to low interest rates I'll save about $50,000
News 6 days ago
I refinanced my mortgage during COVID-19, and thanks to low interest rates I'll save about $50,000

When the COVID-19 crisis landed in the United States, the Federal Reserve slashed interest rates to record lows. For mortgage borrowers like me,...

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VergeSense, Whose Sensors Track Movement In Office Space, Bags $9M In Funding
News 6 days ago
VergeSense, Whose Sensors Track Movement In Office Space, Bags $9M In Funding

VergeSense, a company specializing in sensors that monitor commercial space interiors, has closed on a $9M round of funding. The new funding brings...

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Colony Capital Exploring Options for Its 157 Hotels
News 6 days ago
Colony Capital Exploring Options for Its 157 Hotels

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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What’s Causing Distress in Self Storage?
News 6 days ago
What’s Causing Distress in Self Storage?
Source CP Executive

Although the self storage industry is deemed more resilient during uncertain times than other real estate sectors, the widespread economic fallout...

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Is the post office open on Memorial Day 2020? Is there mail delivery? Does the mail run?
News 1 week ago
Is the post office open on Memorial Day 2020? Is there mail delivery? Does the mail run?

Memorial Day 2020 is Monday, May 25. Here is everything you need to know about the post office and mail delivery on Memorial Day 2020: Is the post...

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DC Mayor Would Cut Affordable Housing Funds to Help Deal With Pandemic-Induced Revenue Shortfalls
News 1 week ago
DC Mayor Would Cut Affordable Housing Funds to Help Deal With Pandemic-Induced Revenue Shortfalls

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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Worthing Southeast Kicks Off Construction on Apartments in Alpharetta, Georgia
News 1 week ago
Worthing Southeast Kicks Off Construction on Apartments in Alpharetta, Georgia

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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Outlook for US Hotels This Year Worsens, Led by Luxury Properties
News 1 week ago
Outlook for US Hotels This Year Worsens, Led by Luxury Properties

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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Pet Food Arm of Candy Maker Mars to Restructure Distribution Network
News 1 week ago
Pet Food Arm of Candy Maker Mars to Restructure Distribution Network

Exclusive: Mars Petcare is Mystery Tenant Behind 611,000-Square-Foot Lease in Dallas Area Watch the video to learn how you can access industry...

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New Jersey Is Not Ready for Outdoor Dining During Pandemic, Governor Says
News 1 week ago
New Jersey Is Not Ready for Outdoor Dining During Pandemic, Governor Says

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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Colorado’s Health Capitol Leases Full Floor in Downtown Denver
News 1 week ago
Colorado’s Health Capitol Leases Full Floor in Downtown Denver

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 Jersey Expands Pandemic Aid to Small Businesses With $50 Million
News 1 week ago
New Jersey Expands Pandemic Aid to Small Businesses With $50 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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