In some cases, this discourse might be related entirely to the business aspects of commercial real estate investing.
10 Must Reads for the CRE Industry Today (July 25, 2020)
Senator Kamala Harris introduced the Relief Act, which would ban evictions and foreclosures for a year, reports CNBC. Big banks are urging Congress to hurry up on another stimulus package as economic conditions are worsening, according to Business Insider. These are among today’s must reads from around the commercial real estate industry.
Facebook Office Outside Seattle Put Up for Sale by Developer
Block 16, a new 343,528-sq.-ft. property in Bellevue, Wash. is being marketed for sale.
Eight Must Reads for the CRE Industry Today (July 24, 2020)
President Donald Trump announced his administration will provide $5 billion to help nursing home facilities counter the virus, according to the Associated Press. Rent growth at single-family rentals has slowed down considerably, reports GlobeSt.com. These are among today’s must reads from around the commercial real estate industry.
Office Building Health and Safety Now Requires Extra Spending. But Who Will Foot the Bill?
Depending on lease terms, expenses related to COVID-19 might fall on the tenants and not office owners.
Fannie-Freddie Risk Bonds Threaten Big Losses for Fund Managers
Fund mangers could lose $2 billion on credit-risk-transfer securities, which shift the risk of borrower defaults from the GSEs to private investors.
Remote Work Means Pay Cuts for White Collar Workers in NYC
In cities including New York, San Francisco and Seattle the high cost of living led to higher wages. Remote work might change that.
10 Must Reads for the CRE Industry Today (July 23, 2020)
U.S. home sales rose by more than 20 percent last month, reports the Associated Press. The pandemic has made the self-storage sector vulnerable to a downturn, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.
Starwood Property Weighs $2 Billion Loan Portfolio Sale
The REIT is looking at selling a portfolio of energy infrastructure loans and commitments acquired from General Electric.
Arrangements Pop Up for Renters to Own Stakes in Their Apartment Complexes
Will there be more rent-to-own arrangements going forward?