Real Estate Investment Trusts

Tenants at class-C apartment buildings paid 54 percent of their total rents due for the month by the middle of June, according to LeaseLock.

Marriott posts a quarterly loss due to decreased travel, according to the Wall Street Journal. J. Crew renegotiates its store leases with landlords across the U.S., saving around $130 million in rent, reports Real Estate Weekly. These are among today’s must reads from around the commercial real estate industry.

A rental building designed by Danish architect Bjarke Ingels is slated to open in East Harlem in September, as Manhattan lease signings plummet.

In this episode of Common Area Podcast, David Bodamer shares highlights from NREI’s Midyear Market Trends and Outlook supplement and CBRE’s Midyear Market report.

NMHC found that 79.3 percent of apartment households made a full or partial rent payment by August 6 in its survey of 11.4 million units of professionally managed apartment units across the country. The CDC recently ordered some offices in the Atlanta area closed after property managers discovered the bacteria that causes Legionnaire’s disease in water sources at the properties, reports The New York Times. Bisnow takes a look at the challenges the commercial real estate industry faces in recruiting diverse talent to industry. These are among today’s must reads from around the commercial real estate world.

Boston Common plans to approach lenders and owners of REITs about continued forbearance and their preparedness to renegotiate, lengthen or forgive loans.

COVID-19 will pass eventually. The question is how large of an exodus cities will suffer, and how long it will last.

The CDC recently ordered some offices in the Atlanta area closed after property managers discovered the bacteria that causes Legionnaire’s disease in water sources at the properties, reports The New York Times. Bisnow takes a look at the challenges the commercial real estate industry faces in recruiting diverse talent to industry. These are among today’s must reads from around the commercial real estate world.

There lies an opportunity for investors looking to take advantage of situations where lenders prefer to sell off their debt rather than continue to try to work things out.

Many of San Francisco’s small businesses have closed for good due to the COVID-19 pandemic, according to the San Francisco Chronicle. Shopping center owner backs outdoor locations to prove more valuable than indoor shopping malls, reports Forbes. These are among today’s must reads from around the commercial real estate industry.