Real Estate Investment Trusts

Local 11 of Unite Here filed a charge with the National Labor Relations Board against the JW Marriott Santa Monica Le Merigot.

More small business owners are permanently shutting their doors, reports The New York Times. AMC reached an agreement with bondholders to reduce its debt amid the pandemic, according to Reuters. These are among today’s must reads from around the commercial real estate industry.

An investigation found over 300 confirmed infections among the garment workers, and four deaths. Three of the deaths were in June, and one in July.

David Bodamer speaks with Lou Conforti, CEO of Washington Prime Group, in the latest episode of the Common Area podcast.

That boon underscores how the biggest banks’ roles as financial intermediaries can translate to billions of dollars of profits.

A successful sponsor will need to have the ability to adapt to an ever-changing real estate landscape.

Rescue capital could make a dent in the amount of distressed real estate deals in the market.

Commercial real estate companies have been hiring infectious disease experts to help evaluate their properties, reports Fast Company. Small businesses may use new bankruptcy laws to get out of leases, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

China began testing cold food shipments for the virus last month.

So far, insurers have been balking at paying business interruption plans for pandemic shutdowns, but that is likely to change.