Real Estate Investment Trusts

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.

The pandemic has given banks further impetus to downsize and preserve cash.

The transition generally impacts lenders and borrowers on floating rate debt.

The latest stress test results from the Federal Reserve Board show that America’s biggest banks are facing up to $47.6 billion in losses from loans tied to commercial real estate, reported CoStar. The Real Estate Roundtable’s second quarter sentiment index registered a score of 38—down 14 points from the first quarter. These are among today’s must reads from around the commercial real estate industry.

The Counselors of Real Estate identified the top ten issues affecting the real estate industry. Thousands of hotels face foreclosure due to the coronavirus pandemic, reports the Houston Chronicle. These are among today’s must reads from around the commercial real estate industry.

A glut of excess inventory and a value-focused price point have set up deep discounters to outperform other retail sectors.

The cost for the temporary office starts at $89 for four hours.

The solution, then, is to provide direct federal housing assistance.

Warehouses should be a relative safe haven, reports the Wall Street Journal. Office space users are trying to figure out when, how – even whether – to come back, according to Reuters. These are among today’s must reads from around the commercial real estate industry.