Real Estate Investment Trusts

If the central bank ever steps away from backstopping mortgage bonds, the consequences could be dire.

Clark has teamed up with former Tishman Speyer executive Philip Waterman to form the new real estate investment and operating firm.

New York City’s tourism industry may not fully recover until 2025, jeopardizing one of the market’s major economic engines, reports The New York Times. Guitar Center has filed for bankruptcy protection, according to Retail Dive. These are among today’s must reads from around the commercial real estate industry.

The firm is discussing RXR Real Estate Market Dislocation & Mega-Trends Fund with potential investors.

PNC is acquiring the U.S. businesses of Spanish lender BBVA in a $11.6 billon deal, reports The New York Times. SEC Chairman Jay Clayton and Freddie Mac CEO David Brickman both announced they are resigning in surprise moves, according to industry reports. These are among today’s must reads from around the commercial real estate industry.

The number of workers who went to the office in 10 of the largest U.S. business districts fell to 26.4 percent from pre-pandemic levels in the week ended Nov. 4.

The companies agreed to a modified buyout that had Simon pay $43 in cash for each Taubman Centers share.

Developers have proposed to redevelop more than a hundred malls into mixed-used properties with apartments.

Developers have proposed to redevelop more than a hundred malls into mixed-used properties with apartments.

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.