A Morningstar panel also discussed the firm’s concerns over the Labor Department’s proposed rules on fiduciary exemptions, stressing the importance of clarity in SEC and DOL enforcement.
12 Must Reads for the CRE Industry Today (Oct. 31, 2020)
Some New York City companies are offering extra incentives to get workers to return to the office, according to The New York Times. Restaurants and retailers face new restrictions as new virus cases mount, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
Brookfield Pays $365 Million for Facebook Office Outside Seattle
The 343,528-sq.-ft. building has a long-time lease with the social media giant.
13 Must Reads for the CRE Industry Today (Oct. 30, 2020)
The New York Times looks at a nursing home in crisis post-COVID-19 surge. Walmart is turning four stores into e-commerce laboratories, reports CNBC. These are among today’s must reads from around the commercial real estate industry.
City of London Staff Lose Faith in Government Pleas to Stay Home
In London and Westminster, the center of Europe’s hedge fund industry, in-office staff numbers have been rising.
Seven Must Reads for the CRE Industry Today (Oct. 29, 2020)
Property closures, layoffs and debt issues are putting hotel owners in big cities at a tipping point, reports The Real Deal. The wildfires have caused greater housing affordability problems in California, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.
Cornell Chalks Up Rare Covid-19 Containment Victory
As the university plans another in-person semester, administrators say their experience shows that well-understood public health measures work.
Despite the Crisis, Some Apartments Traded During the Third Quarter
Buyers have closed these deals to buy apartment properties with help from new capital from investors.
10 Must Reads for the CRE Industry Today (Oct. 28, 2020)
Life science properties are gaining more interest in New York City, reports The New York Times. A looming housing crisis threatens millions of evictions and will leave landlords short billions of dollars, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
In a COVID-19 World, Hotel Owners Must Be Wary of Vulture Funds
Hotel owners and investors face a business landscape that has drastically changed this year.