Real Estate Investment Trusts

The pandemic is threatening urban renewal in cities across the nation, according to the Associated Press. San Francisco restaurants can increase indoor capacity to 50 percent starting Nov. 3, reports the San Francisco Chronicle. These are among today’s must reads from around the commercial real estate industry.

The retailer filed a draft purchase agreement on to sell itself to Simon Property Group, Brookfield Property Partners and its senior lenders.

Investment volume continued to fall in the third quarter, but prices showed a slight uptick, according to Real Capital Analytics.

Uber founder Travis Kalanick is acquiring vacant restaurants and auto body shops for his ghost kitchen venture, reports the Wall Street Journal. U.S. single-family homebuilding permits rose to a 13-year high in September, according to Reuters. These are today’s must reads from around the commercial real estate industry.

Limited partners are demanding more detailed data and insights into investment performance, rent collections, leverage and other key information.

The company is working with advisers to sell roughly 2.3 million sq. ft. of real estate it acquired as part of Forest City in 2018.

AMC announced plans to open more movie theaters in the U.S. this week, reports Reuters. New York City schools have been able to reopen without major virus outbreaks so far, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.

To truly understand revenue opportunities in self-storage, we must appreciate the magnificent possibilities afforded in offering rentals by the month.

Mystery shoppers audited retailers’ pickup and delivery services through all phases of the process.

The deal bodes well for both cash-starved cannabis companies and investors.