Real Estate Investment Trusts

Labor costs in the sector are increasing as operators confront labor shortages and higher risk to staff.

The owners of Ann Taylor and Lane Bryant could file for Chapter 11 by the end of this week.

Over 77 percent of U.S. apartment households made full or partial rent payments by July 6, according to NMHC. Brooks Brothers has filed for bankruptcy protection, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

The bank was planning to bring as many as half of its Columbus, Ohio workers back to the office by Labor Day.

CMBS delinquencies surged at a record monthly rate in June, according to CNBC. Real estate developers are on the list of companies that took stimulus loans, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

Michael Shvo and partners are going ahead with the purchase of Transamerica Pyramid.

Zara owner Amancio Ortega has amassed real estate holdings valued at $17.2 billion, including investing more than $3 billion in U.S. assets.

Commercial property sales in New York City took a deep dive in the second quarter, reports the Wall Street Journal. GlobeSt.com looks at the results of a recent commercial real estate executive survey. These are among today’s must reads from around the commercial real estate industry.

Delinquencies mount, but so far the distressed investment opportunities have yet to materialize for the mountain of cash that is awaiting them, Bisnow reports. Angelo Gordon & Co. has raised more than $1.5 billion for a new European investment vehicle, according to Commercial Property Executive. These are among today’s must reads from around the commercial real estate industry.

Issues of cost, access, logistics and employee privacy mean that COVID-19 tests aren’t part of most back-to-work plans.