Real Estate Investment Trusts

Co-working startup sued for $100 million over contract breach

Ventas Inc. is cutting corporate positions and reducing executive salaries to maintain financial strength, reports Senior Housing News. More guidelines and strategies emerge for restaurants reopening in major cities. These are among today’s must reads from around the commercial real estate industry.

The near-shoring of manufacturing to Mexico may shift more traffic toward Texas.

Since early March, at least five retirement communities have missed a debt payment, draw on reserves or violated bond covenants.

The workplace provider has interviewed investment banks about a potential listing in 2021.

The United States is facing a wave of evictions as government relief payments and legal protections run out for millions of out-of-work Americans, according to the The New York Times. The U.S. division of bakery chain Le Pain Quotidien filed for bankruptcy, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

As corporate tenants figure out how much space they may need in the long term, office landlords have little choice but to be flexible.

McDonald’s Corp. is facing a class-action lawsuit seeking compliance with health guidelines, reports Reuters. Construction work on a nine-story wooden mixed-use building continues in Cleveland, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

The bank is planning to start returning its workforce to offices in phases.

The Wall Street Journal looks at what it takes for businesses to operate during the pandemic. Bankruptcy filings are increasingly piling up, reports CNBC. These are among today’s must reads from around the commercial real estate industry.