Blackstone and Colony Capital are taking advantage of the strong demand for industrial properties with new transactions, reports GlobeSt.com. Hotels are looking to air filtration and treatment systems to market their COVID-19 safety, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.
KKR Nears $800 Million Warehouse Deal with E-Commerce Booming
The portfolio transaction would include roughly 100 properties in markets including Atlanta, Chicago, Dallas and Baltimore.
10 Must Reads for the CRE Industry Today (Dec. 3, 2020)
The FTC is filing a complaint against CoStar’s planned acquisition of RentPath, reports Commercial Observer. The Real Estate Roundtable published its most recent economic sentiment index, which found optimism growing among industry executives. These are among today’s must reads from around the commercial real estate industry.
Offices for Rent in Manhattan Hit Highest Level Since 2003
The availability rate rose to 13.5 percent in November, according to data from Colliers International.
The Hotel Sector Prepares for a Long Winter
With distribution of working vaccines on the horizon, a recovery for the sector should take shape throughout 2021.
11 Must Reads for the CRE Industry Today (Dec. 2, 2020)
Airbnb is targeting a $35 billion valuation as it prepares to go public, reports CNBC. Retailers with means are using the pandemic as an opportunity to buy retail centers, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
Why You Should Consider Buying Non-Performing Real Estate Notes
Buying non-performing real estate notes from banks presents a great opportunity, but it’s not without risks.
Mirae’s Winning Scratch of Hotels’ Purchase May Sink Other Deals
With Mirae allowed to walk away from its $5.8 billion hotel acquisition, more firms could follow suit.
Eight Must Reads for the CRE Industry Today (Dec. 1, 2020)
Climate change could lead to the next mortgage crisis, warns Politico. Extended Stay America has outperformed in recent weeks, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
10 Must Reads for the CRE Industry Today (Nov. 30, 2020)
In-person foot traffic at physical retail stores was down 52 percent from a year ago, according to data reported by CNBC. The New York Times explores how co-living operators have adapted to the COVID-19 pandemic to win back residents. These are among today’s must reads from around the commercial real estate industry.