Landlords’ lawsuits against eviction bans may have valid constitutional challenges. But they may take years to get to the courtroom.
Eight Must Reads for the CRE Industry Today (June 20, 2020)
California’s proposed ban on commercial evictions failed to advance, according to Connect California. Both the Wall Street Journal and The New York Times look at whether young people leaving big cities will eventually come back. These are among today’s must reads from around the commercial real estate industry.
Nine Must Reads for the CRE Industry Today (June 20, 2020)
California’s proposed ban on commercial evictions failed to advance, according to Connect California. Both the Wall Street Journal and The New York Times look at whether young people leaving big cities will eventually come back. These are among today’s must reads from around the commercial real estate industry.
MSD Partners Raises $1.1 Billion for Real Estate Credit Bets
The vehicle will make and purchase commercial real estate loans, securities and structured investments.
11 Must Reads for the CRE Industry Today (June 19, 2020)
Apartment rents in San Francisco are tumbling as the tech sector sheds jobs, according to the Wall Street Journal. Global Finance looks at how Brookfield is dealing with rent-stretched retail tenants. These are among today’s must reads from around the commercial real estate industry.
Vegas to Get New Casino Ahead of Schedule as City Plots Recovery
Developer Derek Stevens is opening Circa Resort & Casino in late October, two months earlier than scheduled.
13 Must Reads for the CRE Industry Today (June 18, 2020)
CalPERS investment committee would like to increase the fund’s target for opportunistic strategies, reports Pensions & Investments. Greater Greater Washington looks at how commercial real estate can address the underrepresentation of black professionals in the industry. These are among today’s must reads from around the commercial real estate industry.
Beauty Retailers Face New Challenges Post-COVID
The major beauty chains used to drive customers into stores with promises of free product testing and salon services. How will they adapt to a new world?
Mall of America Said to Miss Another Payment on Mortgage Debt
The property didn’t make a $7 million debt payment for June.
Market Risks, Uncertainty Weigh on CRE-CLO Market
The level of distress in this segment of commercial real estate lending has remained low so far, but new issuance has screeched to a halt.