Despite in-person class policies that vary across the country, on paper occupancies at many off campus student housing properties remains high. That’s not helping deals go through, however.
Nine Must Reads for the CRE Industry Today (Oct. 7, 2020)
Hotel owners are turning their properties into offices and schools, among other uses, reports The New York Times. The Wall Street Journal looks at ways the retail sector has changed since the onset of the pandemic. These are among today’s must reads from around the commercial real estate industry.
The One-Stop Rebuilding Shop for Wildfire Victims
Homebound Inc. wants to help California communities rebuild, but safer, with resilient materials and barriers to buffer fires.
10 Must Reads for the CRE Industry Today (Oct. 6, 2020)
The Wall Street Journal looks at the different impacts the pandemic has had across the U.S. economy. Seventeen more retail chains that could go bankrupt, according to the Retail Dive. These are among today’s must reads from around the commercial real estate industry.
Wall Street Loft Store, First to Open Post-9/11, Shut by Covid
It’s the latest sign of how the pandemic and the related decline in office workers and tourists has hobbled city businesses.
Amazon Reports Nearly 20,000 COVID-infected Workers Since March
Retail giant Amazon.com came under fire after reporting that almost 20,000 of its frontline workers, including from subsidiary Whole Foods Market, have been infected with COVID-19.
Cerberus Is Repackaging Near-Junk CMBS Into Top-Rated Securities
The transaction is being referred to as a “resecuritization” in deal documents seen by Bloomberg.
Family Office CRE Investment Activity Is Ramping Up
Kris Ferranti, of Sherman & Sterling LLP, says attractive investment opportunities have become more common in recent months.
10 Building Types Adapted for Apartment Use
A report from RentCafe looks at which types of properties developers have most often repurposed as apartments.
Eight Must Reads for the CRE Industry Today (Oct. 3, 2020)
Sporting-goods chain Academy Sports and Outdoors has priced its IPO below the originally expected range, reports the Wall Street Journal. Naked Capitalism looks at the direction of rents in multiple cities. These are today’s must reads from around the commercial real estate industry.