In London and Westminster, the center of Europe’s hedge fund industry, in-office staff numbers have been rising.
Seven Must Reads for the CRE Industry Today (Oct. 29, 2020)
Property closures, layoffs and debt issues are putting hotel owners in big cities at a tipping point, reports The Real Deal. The wildfires have caused greater housing affordability problems in California, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.
Cornell Chalks Up Rare Covid-19 Containment Victory
As the university plans another in-person semester, administrators say their experience shows that well-understood public health measures work.
Despite the Crisis, Some Apartments Traded During the Third Quarter
Buyers have closed these deals to buy apartment properties with help from new capital from investors.
10 Must Reads for the CRE Industry Today (Oct. 28, 2020)
Life science properties are gaining more interest in New York City, reports The New York Times. A looming housing crisis threatens millions of evictions and will leave landlords short billions of dollars, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
In a COVID-19 World, Hotel Owners Must Be Wary of Vulture Funds
Hotel owners and investors face a business landscape that has drastically changed this year.
Marriott Pitches Hotels to Remote Workers Fleeing Stress at Home
More than 2,000 hotels in the company’s system will begin allowing guest to check in for the length of a workday.
Guitar Center Mulls Restructuring with Creditors Taking Control
The chain is considering available options to manage its debt load, including bankruptcy.
11 Must Reads for the CRE Industry Today (October 27, 2020)
The New York Times looks at why Dunkin’ Donuts is worth almost $9 billion. The return of Las Vegas shows will test whether live entertainment can conform to pandemic rules and still turn a profit, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
NREI's Common Area: Is the Office Dead?
David Bodamer is joined by Joe Brady, the CEO of the Americas for The Instant Group, a workspace innovation company.