Real Estate Investment Trusts

The FHFA is considering new steps to ease the strain on mortgage companies, reports the Wall Street Journal. The nursing home industry is facing rising costs at a time when it was already struggling to stay afloat, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.

Arne Sorenson said the company is working on new ways to protect hotel guests and workers.

A handful of hotels are moving ahead with planned openings, reports The New York Times. Many U.S. landlords whose commercial tenants are asking for rent relief want proof of financial strain before delaying or forgiving payments, according to the Wall Street Journal. These are today’s must reads from around the commercial real estate industry.

Charles Krawitz, vice president and head of commercial lending at Alliant Credit Union, is the guest on this edition of the Common Area podcast.

After lockdown, Chinese shoppers upped their spending at luxury boutiques, reports the Wall Street Journal. A white supremacist has tried to blow up a Jewish assisted living facility in Massachusetts, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.

McDonald’s is likely to take a big hit on income in 2020. But owning its real estate empire should be a big help.

March was a catastrophic month for U.S. retailers, reports The New York Times. Non-traded REITs are not letting individual investors withdraw their cash from property funds, according to the Wall Street Journal. These are among today’ must reads from around the commercial real estate industry.

The coronavirus outbreak is causing a spike in commercial mortgage delinquencies in the hotel and retail sectors, reports CNBC. Some property owners are taking a more confrontational approach with larger delinquent tenants, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

Some private equity players are feeling the impact of the virus on their holdings, reports the Wall Street Journal. California landlord has tried to make apartment tenants use their savings to pay for rent, according to the San Francisco Chronicle. These are among today’s must reads from around the commercial real estate industry.

The Wall Street Journal looks at commercial cleaners hired to sanitize malls, banks and restaurants that remain open during the pandemic. Walmart hires an additional 100,000 new employees to keep up with rising demand, reports CNBC. These are today’s must reads from around the commercial real estate industry.