An industry whistleblower is alleging widespread manipulation of CMBS underwriting, reports ProPublica. J.C. Penney is expected to file for bankruptcy protection within days, according to CNBC. These are among today’s must reads from around the commercial real estate industry.
10 Must Reads for the CRE Industry Today (May 15, 2020)
Some companies may begin to experiment with AI cameras to ensure social distancing at work, reports the Wall Street Journal. The heads of major companies are raising questions about the future of a post-coronavirus office market, according to CNBC. These are among today’s must reads from around the commercial real estate industry.
Michael Kitces' #FASuccess Podcast: Travis Parry and Regaining Control of the Work-Life Balance
Travis Parry of the Make Time Institute discusses overcoming the three myths of time management to create better work-life balance.
Sternlicht’s Blank-Check Firm Seeks $500 Million in U.S. Listing
Jaws Acquisition Corp. aims to list on the New York Stock Exchange and would target companies in growth-oriented industries.
10 Must Reads for the CRE Industry Today (May 14, 2020)
Neiman Marcus creditor has asked the retailer to consider a buyout by Saks Fifth Avenue, reports Reuters. CoStar is buying the commercial real estate division of Ten-X LLC for $190 million, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
WeWork Is Exploring a Plan to Sublease Its Manhattan Headquarters
The company is considering options for its Chelsea-based global headquarters.
14 Must Reads for the CRE Industry Today (May 13, 2020)
The New York Times looks at the future of shopping. Seniors are holding off on special housing due to a rise in telemedicine, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
Scarred and Scared, the Reshaping of American Consumers Begins
“The psychological impact of risk aversion setting in cannot be understated,” HSBC’s James Pomeroy and Fabio Balboni wrote in a May 1 note.
10 Must Reads for the CRE Industry Today (May 12, 2020)
Chinese investment in the U.S. dropped to the lowest levels since the financial crisis, reports Reuters. Wall Street investors are flocking to single-family rental REITs, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
Seven Must Reads for the CRE Industry Today (May 11, 2020)
Commercial real estate hiring is a mixed bag, according to analysis of Indeed.com’s job postings that Bisnow wrote up. Brookfield has launched a $5 billion rescue fund to aid retailers, reports the Financial Times. BlackRock raised $1.3 billion for a European property fund, according to GlobeSt.com. These are among today’s must reads from around the commercial real estate industry.