Commercial Observer examines the toll that eight months of lockdowns have taken on women working in commercial real estate. Owners and investors in New York City are preparing for a pitched battle over property tax valuations, reports Bisnow. These are among today’s must reads from around the commercial real estate industry.
DoorDash Releases IPO Filing Plans
DoorDash has filed its IPO prospectus under the New York Stock Exchange ticker DASH; reported $1.9 billion in revenue through September
10 Must Reads for the CRE Industry Today (Nov. 13, 2020)
The lack of a second COVID-19 rescue bill means millions of Americans will lose benefits at the end of December. Calculated Risk analyzes the two expiring programs. Gothamist looks at how a new law is enabling New Yorkers to more easily cancel gym memberships. These are among today’s must reads from around the commercial real estate industry.
Bidding Wars Underway for Last Mile Industrial Assets
All types of real estate investors are chasing the most stable commercial property type.
Amazon Launches Key In-Garage Grocery Delivery Service
Third Amazon Fresh supermarket opens in Northridge, Calif.
NY Real Estate Developer Charged With Ponzi-Like Scheme Settles With SEC
Robert C. Morgan will pay about $66 million in relief for harmed investors, but no additional monetary relief, according to the Commission. Morgan faces separate charges in a civil suit brought by the Justice Department.
American Companies Are Stockpiling Cash Before Covid Winter Hits
There will likely be more companies tapping credit markets amid record low borrowing costs.
Brookfield Plots $50 Billion Push into Market for Secondaries
“We’re seeing a tremendous volume of opportunities in the real estate secondaries space,” said Chris Reilly, the Brookfield managing partner leading the effort.
Marley Station Mall's auction sale stalled by Texas bankruptcy filing
The mall, located in Glen Burnie, Md., went on the auction block in mid-September.
REITs Fly Under the Radar as a Smart Covid Vaccine Trade
You’ll probably be heading back to the office long before you decide to jump on a cruise.

