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?
Amazon Just Bought Lord & Taylor Building from WeWork. Did It Overpay?
The e-commerce giant paid more than the building’s previous sales price. It may still have been a good deal, capital markets experts say.
FHFA to Offer Multifamily Owners Forbearance to Help Prevent Evictions
The eviction suspensions are in place for the entire duration of time that a property owner remains in forbearance.
Eight Must Reads for the CRE Industry Today (March 21, 2020)
The government is trying to stave off evictions for homeowners and renters, reports The New York Times. Taubman Centers is closing most of its malls at least until the end of the month, according to MarketWatch.
Property Managers Share Best Practices for Office Building Safety Amid COVID-19 Threat
Because it’s uncertain how the pandemic will progress, it’s critical to plan for a wide range of scenarios.
Are Opportunity Zones Just Billionaire Boondoggles?
Smart data may hold the key to unlocking the mystery of this controversial program.