Uncertainty looms over the U.S. economy and no property type is immune from the potential financial impact.
Real Estate Investors Skip Paying Loans While Raising Billions
Brookfield, Starwood, Colony Capital and Blackstone have been among the investors skipping payments on CMBS debt.
Prices Rise for NY Apartments With a Must-Have Feature
Even in a market partially paralyzed by the pandemic, places with outdoor space are getting more looks than those without.
The Real Danger With $26.5 Trillion of U.S. Debt: James Clark
More important than the size of our debt or our creditworthiness is the manner in which our political system operates.
Twitter and the Changing Face of Mass Communication
In order for any firm to be successful, they will need to work within the current parameters of communication.
Nine Must Reads for the CRE Industry Today (Aug. 22, 2020)
New York State Governor expanded an emergency moratorium on commercial evictions, reports the New York Post. Europe has overtaken the U.S. as the most active market for real estate transactions, according to Bloomberg. These are among the must reads for the commercial real estate industry.
Deserted College Dorms Sow Trouble for $14 Billion in Muni Bonds
More than $14 billion in municipal bonds were sold to finance student housing projects.
CBL & Associates Likely a “Canary in the Coal Mine” for Mall Owners Filing for Chapter 11
And in spite of significant changes to the bankruptcy code since GGP went through the process, filing now will be more arduous.
10 Must Reads for the CRE Industry Today (Aug. 21, 2020)
Airbnb is preparing an IPO for later this year, reports Business Insider. Fueled by pandemic-related shifts in consumption, big-box retailers including, Walmart, Target and Home Depot all posted large increases in quarterly sales, according to the New York Times. These are among today’s must reads from around the commercial real estate industry.
Mall of America Gets 16% Appraisal Cut After Late Payments
The 5.6-million-sq.-ft. mega-mall was reappraised at $1.94 billion as its owners missed three monthly debt payments.

