If companies are unable to roll over their debts, many will go bust, throwing more people into the overloaded unemployment insurance system.
Where Do CRE Brokerage Firms See the Greatest Opportunities for Proptech Adaption?
Technology leaders from Savills and Colliers International discuss where they see the greatest benefits of proptech.
Trump Organization Asks Deutsche Bank for Loan Payment Delay
Trump Organization representatives reached out to the bank’s private banking unit late last month.
14 Must Reads for the CRE Industry Today (April 3, 2020)
Trump Organization properties are missing out on millions of dollars in lost revenue daily, reports the Wall Street Journal. The Financial Times looks at how the coronavirus is starting to affect rents. These are among today’s must reads from around the commercial real estate industry.
What Should Retail Borrowers Keep in Mind in Today’s Environment?
Now is the time for borrowers to start documenting and to be transparent with their lenders.
The COVID-19 Economic Shutdown is Already Hitting Multifamily Rents
March is usually a big month for multifamily rents. This year rent acceleration slowed and experts expect worse metrics in April.
10 Must Reads for the CRE Industry Today (April 1, 2020)
Some of the most risk-hungry real estate lenders are starting to come under pressure, reports the Wall Street Journal. Walmart will screen the temperatures of employees and provide them with masks and gloves, according to Business Insider. These are among today’s must reads from around the commercial real estate industry.
Americans Adopting E-Commerce Faster Than Ever Amid Pandemic
E-commerce sales were up 25 percent in the middle of March compared to the start of the month.
JPMorgan Seeks Up to $10 Billion for Alternative Investments
The bank plans to raise between $5 billion and $10 billion from pension funds, sovereign wealth funds and family offices.
10 Must Reads for the CRE Industry Today (March 30, 2020)
Taubman sent a letter to its tenants last week saying it expected rent to be paid on April 1, reports CNBC. Mortgage bankers are pushing for aid from the Fed as an unintended consequence of bond-buying measures is threatening to triggering a flood of margin calls, according to Bloomberg. Houston-based Stage Stores has closed all its stores and laid off workers, reports the Houston Business Journal. These are among today’s must reads from around the commercial real estate industry.