Real Estate Investment Trusts

New York City construction sites have started to reopen, reports The New York Times. More than 50 percent of mall department stores are predicted to close by 2020, according to CNBC. These are among today’s must reads from around the commercial real estate industry.

The U.K.-based real estate investors have bought a Fifth Ave. retail condo from SL Green for $170 million.

Some retail tenants aim to rewrite leases to include pandemic escape clauses, reports the Wall Street Journal. Curbside pick-up surges over 200 percent during the coronavirus pandemic, according to CNBC. These are among today’s must reads from around the commercial real estate industry.

Las Vegas once again finds itself bearing the brunt of an economic crisis, reports The New York Times. Resolving commuting issues may be the answer to bringing people back to the office, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

A column from Joshua Stein in the Commercial Observer explores how lease renegotiations are going in the age of coronavirus. The state of California and FEMA have formed a partnership with local restaurants to help feed the state’s seniors, according to Connect Media. Reuters reports on how some investors are challenging Neiman Marcus’ bankruptcy loan. These are among today’s must reads from around the commercial real estate industry.

Department stores were already in trouble before the pandemic hit. Now some chains are on their last legs.

Malls and main-street shops, bastions of community commerce, were already under pressure after two years of weak retail sales, rising property taxes and the shift to e-commerce.

Critical missions and in-built safety procedures make life science assets seem like an attractive investment bet.

By prioritizing frontline healthcare workers’ needs, we will be able to keep seniors safe and healthy.

Wednesday, May 13, 2020 | 2:00 PM Eastern Daylight Time