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.
Seven Must Reads for the CRE Industry Today (March 28, 2020)
Grocers get a preview of consumer demand shifting to buying food online amid the coronavirus, according to the Wall Street Journal. WeWork demands tenants continue to pay rent at locations that remain open, reports Forbes. These are among this weekend’s must reads from around the commercial real estate industry.
For Some Family Offices, Now Is the “Buying Opportunity of a Century” When It Comes to CRE
The question is which property sectors look safe as long-term picks?
Managing Properties in the New Reality
The current pandemic has put property managers on the first lines. Here’s what to keep in mind.
10 Must Reads for the CRE Industry Today (March 26, 2020)
The hotel industry has been devastated by the coronavirus pandemic, reports the New York Times. Real estate giant SL Green Realty Corp.’s agreement to sell the former New York Daily News headquarters collapses due to market turmoil, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
Investors Turn to Safe Haven of U.S. Real Estate in Wake of the Coronavirus
Why has U.S. real estate remained relatively sheltered from these major global events over the course of history?