Category: REIT

The Wall Street Journal looks at the different impacts the pandemic has had across the U.S. economy. Seventeen more retail chains that could go bankrupt, according to the Retail Dive. These are among today’s must reads from around the commercial real estate industry.

It’s the latest sign of how the pandemic and the related decline in office workers and tourists has hobbled city businesses.

Retail giant Amazon.com came under fire after reporting that almost 20,000 of its frontline workers, including from subsidiary Whole Foods Market, have been infected with COVID-19.

The transaction is being referred to as a “resecuritization” in deal documents seen by Bloomberg.

Kris Ferranti, of Sherman & Sterling LLP, says attractive investment opportunities have become more common in recent months.

A report from RentCafe looks at which types of properties developers have most often repurposed as apartments.

Sporting-goods chain Academy Sports and Outdoors has priced its IPO below the originally expected range, reports the Wall Street Journal. Naked Capitalism looks at the direction of rents in multiple cities. These are today’s must reads from around the commercial real estate industry.

Retail landlords want a cut of online sales from their tenants, reports the Wall Street Journal. A new coalition of more than 225 major public and private sector groups across the U.S. implores Congress to not go on recess without passing additional COVID-19 economic relief, according to the American Hotel & Lodging Association. These are among today’s must reads from around the commercial real estate industry.

Outlet centers have not been spared the pandemic’s toll. But their open-air locations and focus on value are major advantages.

The fund will seek to deliver annual returns of 13 to 15 percent after fees by developing single-family and multifamily rentals outside gateway markets.