Real Estate Investment Trusts

More important than the size of our debt or our creditworthiness is the manner in which our political system operates.

In order for any firm to be successful, they will need to work within the current parameters of communication.

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.

More than $14 billion in municipal bonds were sold to finance student housing projects.

And in spite of significant changes to the bankruptcy code since GGP went through the process, filing now will be more arduous.

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.

The 5.6-million-sq.-ft. mega-mall was reappraised at $1.94 billion as its owners missed three monthly debt payments.

CBL & Associates initiated a restructuring support agreement with its noteholders as a step prior to its planned bankruptcy filing this fall, reports Chattanooga Times Free Press. The Carlyle Group is not allowing staff to work in offices if they have taken public transport, according to MarketWatch.

American Campus Communities Inc. is at the center of a debate about whether students may look for ways out of their leases.

The movie-and-a-dinner chain plans to reopen half of its locations over the weekend.