COVID-19’s spread is rocking the global economy. GlobeSt.com examines the potential toll of job losses for the CRE industry. Bisnow looked at what the near zero interest rates will mean for the sector. Meanwhile famed investor Carl Icahn revealed to CNBC that he is shorting commercial real estate securities. These are among today’s must reads from around the commercial real estate industry.
Restaurants Are Getting Creative with Their Home Delivery Options
To stay afloat as customer traffic drops, restaurants are expanding their delivery options.
10 Must Reads for the CRE Industry Today (March 13, 2020)
Modell’s will close all of its stores, reports the New York Post. Healthcare REIT stocks might benefit from the current outbreak, according to CNN Business. These are among today’s must reads from around the commercial real estate industry.
10 Must Reads for the CRE Industry Today (March 12, 2020)
The hospitality industry could see an uptick in defaults as debt poses a threat to some hotel owners, reports the Wall Street Journal. The rate cut by the Fed last week led to an increase in refinance applications, according to Forbes. These are among today’s must reads from around the commercial real estate industry.
10 Must Reads for the CRE Industry Today (March 11, 2020)
JPMorgan researchers say recession risk is overblown, according to CNBC. The Wall Street Journal looks at the drawbacks of open-floor offices. These are among today’s must reads from around the commercial real estate industry.
The Fed Can't Let Bond Yields Fall to Zero: Danielle DiMartino-Booth
If yields on benchmark 10-year Treasuries go to zero, banks, insurers and pension systems will be hard- hit.
10 Must Reads for the CRE Industry Today (March 10, 2020)
President Trump orders a Chinese company to sell its ownership of a software company used in U.S. hotels and casinos, reports the Wall Street Journal. The coronavirus’ impact on supply chains will be bigger than expected, according to MarketWatch. These are among today’s must reads from around the commercial real estate industry.
Even Utilities and Real Estate Can’t Escape the Market Rout
REIT share declines were “well north of 6 percent,” according to a Piper Sandler analyst.
Five Must Reads for the CRE Industry Today (March 9, 2020)
The Trump administration is considering a targeted stimulus that would help the airline, cruise and travel industries to offset the economic effects of the coronavirus outbreak, reported USA Today. Blackstone is planning to double its investments in commercial real estate in India, according to The Economic Times. These are among today’s must reads from around the commercial real estate industry.
Jared Kushner Rode Cadre to Bigger Valuation, Bigger Tax Break
Cadre’s Kushner ties run deep. The company was co-founded by Jared Kushner, his brother Josh Kushner and Williams.