The measure must still be signed by Mayor Eric Garcetti before it goes into effect.
CRE Developers Recognize Growing Businesss Case for Wood Construction
The benefits of building CRE structures with light-frame construction, mass timber and pre-fab wood can include cost savings, faster production and a competitive edge for new projects.
14 Must Reads for the CRE Industry Today (June 3, 2020)
Real estate executives and business leaders promise change as anger and frustration over racism and police brutality grip the nation, reports The Real Deal. Office developers around the country grapple with the fallout from the coronavirus pandemic, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.
Mall Owner CBL Skips Debt Payment, Hoards Cash While Rents Fall
CBL & Associates missed an $11.8 million coupon payment on its 5.25 percent senior unsecured notes.
Legoland Reopens to Thin Crowds with Social Distancing in Place
Guests at the Winter Haven, Fla.-based resort weren’t required to wear masks and only a few did.
12 Must Reads for the CRE Industry Today (June 2, 2020)
Chain restaurants have shuttered 500 locations year-to-date in 2020, reports Business Insider. Silicon Valley apartment rents plunge, according to the San Francisco Chronicle. These are among today’s must reads from around the commercial real estate industry.
12 Must Reads for the CRE Industry June 2, 2020
Chain restaurants have shuttered 500 locations year-to-date in 2020, reports Business Insider. Silicon Valley apartment rents plunge, according to the San Francisco Chronicle. These are among today’s must reads from around the commercial real estate industry.
Mortgage Sector Off to Worst Start Since 2013 Despite Fed Help
The year-to-date excess return versus Treasuries for the Bloomberg Barclays U.S. MBS Index stands at -0.31% as of Friday.
NREI's Common Area: Episode 36
David Bodamer talks to Adam Gower, the founder of Gowercrowd, a crowdfunding resource for real estate developers.
Barclays to Return About 700 Staff Globally to Offices
The bank plans to start returning traders and others who can’t work from home to offices in July.