Real Estate Investment Trusts

Airbnb plans to raise its proposed IPO price, reports the Wall Street Journal. JP Morgan has sent policy recommendations to President-elect Joe Biden’s team on how to prevent more economic damage from COVID-19, according to CNBC. These are among today’s must reads from around the commercial real estate industry.

Ulta actually recorded an increase in comparable sales in its hair care, skin care, bath and fragrance segments.

NIC Chief Economist Beth Burnham Mace comes on the podcast to discuss how seniors housing has been affected by COVID-19 and the outlook for investment as mass distribution of vaccines nears.

A joint venture between Stockbridge and the National Pension Service of Korea has purchased a massive 14.3-million-sq.-ft. of industrial assets in a $2 billion deal, reports the Los Angeles Times. The pandemic is putting major strain on property management companies, according to Bisnow. These are among today’s must reads from around the commercial real estate industry.

Going to a movie will become a big deal akin to going to a sports game or a concert.

Manhattan now has the most office space available since the aftermath of the Sept. 11 attacks.

Green bonds tie into growing emphasis on corporate sustainability and ESG mandates.

Biden and his team contend that the program has fallen short of its promise of bolstering communities of color, small businesses and homeowners.

Current and former tenants of 30 buildings that were formerly owned by the Trump family have filed a lawsuit that seeks to recoup extra rent paid and triple damages, reports the New York Times. Houston office brokers are concerned about what the Biden administration might mean for the city’s energy sector tenants, according to Bisnow. These are among today’s must reads from around the commercial real estate industry.

“Well, if I worked seven days a week, 15 to 16 hours a day and I don’t take any holidays, at least for a period of time I’m going to be more productive.”