McDonald’s Corp. is facing a class-action lawsuit seeking compliance with health guidelines, reports Reuters. Construction work on a nine-story wooden mixed-use building continues in Cleveland, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
Bank of America Staff Will Return to Office in Phases With 30 Days’ Notice
The bank is planning to start returning its workforce to offices in phases.
10 Must Reads for the CRE Industry Today (May 23, 2020)
The Wall Street Journal looks at what it takes for businesses to operate during the pandemic. Bankruptcy filings are increasingly piling up, reports CNBC. These are among today’s must reads from around the commercial real estate industry.
11 Must Reads for the CRE Industry Today (May 22, 2020)
CNBC looks at what going back to the mall might look like. The commercial real estate sector in Houston is expected to be disrupted for months, according to the Houston Chronicle. These are among today’s must reads from around the commercial real estate industry.
8 Local Hotels Part of Portfolio in Default
The hotels, located in the Sacramento, Calif. area, are part of a nationwide portfolio.
12 Must Reads for the CRE Industry Today (May 21, 2020)
U.S. demand for warehouses could surge as lockdowns accelerate online shopping, reports Business Insider. In addition to the coronavirus, plumbing systems in emptied commercial buildings could put returning employees at risk of Legionnaire’s and other illnesses, according to the New York Times. These are among today’s must reads from around commercial real estate industry.
14 Must Reads for the CRE Industry Today (May 20, 2020)
The New York Times looks at how one university prepares for the return of students. Most REITs outside the retail sector are still getting their rents, reports CNBC. These are among today’s must reads from around the commercial real estate industry.
Seven Must Reads for the CRE Industry Today (May 19, 2020)
The Wall Street Journal looks at malls that reopened last weekend. U.S. banks continue to disclose exposure to the reeling retail industry, reports the S&P Global. These are among today’s must reads from around the commercial real estate industry.
Eight Must Reads for the CRE Industry Today (May 16, 2020)
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.