The Shanghai-based and U.S.-listed Huazhu Group is keeping an eye out for foreign acquisition targets.
Lululemon Defies Brick-and-Mortar Woes in Plan to Add Stores
The CEO of the upscale athletic apparel seller says its stores have remained profitable and serve as an anchor for loyal customers.
Treasuries Rally After Jump in Virus Cases Risks Fresh Lockdowns
U.S. 30-year bonds led the rise, sending the rate down by as much as six basis points.
10 Must Reads for the CRE Industry Today (Sept. 21, 2020)
The National Apartment Association has filed a lawsuit challenging the national eviction moratorium ordered by the U.S. Centers for Disease Control and Prevention earlier this month, reports GlobeSt.com. Over the weekend, the port of Savannah welcomed the largest container ship to ever dock on the East Coast, according to MarineLog.com. These are among today’s must reads from around the commercial real estate industry.
A $700 Million CMBS Portfolio Is On the Brink as Malls Collapse
The bond’s performance shows how rapidly the pandemic is deepening losses in a sector.
How PGIM Has Been Adjusting its Investment Strategy Amidst a Pandemic and a Recession
A “downturn” may not be the right word when it comes to CRE, says PGIM Real Estate’s Todd Goldberg. A “bifurcation of the market” might be more accurate.
Six Must Reads for the CRE Industry Today (Sept. 19, 2020)
Economic hardships caused by the pandemic are likely to lead to forced house sales and new renters, according to the Wall Street Journal. BlackRock CEO says having more than a quarter of employees managing the firm’s $7.4 trillion in assets from their basements and bedrooms could have a deleterious effect on BlackRock, reports The New York Post. These are among today’s must reads from around the commercial real estate industry.
Seven Must Reads for the CRE Industry Today (Sept. 19, 2020)
Economic hardships caused by the pandemic are likely to lead to forced house sales and new renters, according to the Wall Street Journal. BlackRock CEO says having more than a quarter of employees managing the firm’s $7.4 trillion in assets from their basements and bedrooms could have a deleterious effect on BlackRock, reports The New York Post. These are among today’s must reads from around the commercial real estate industry.
Oaktree to Explore $2 Billion Sale of Cold Storage Firm
The alternative asset manager is soliciting interest from potential suitors to buy Agro Merchants Group.
12 Must Reads for the CRE Industry Today (Sept. 18, 2020)
While U.S. stores and factories are getting back to normal occupancy, offices are lagging, reports the Wall Street Journal. Election-induced volatility may give the dollar a reprieve from its months-long decline, according to Reuters. These are among today’s must reads from around the commercial real estate industry.

