The solution to sky-high rental prices isn’t another sleek and painfully expensive new apartment tower.
Macy’s Herald Square Skyscraper Project Faces Tough Road Ahead
The proposed 1.5-million-sq.-ft. office tower requires zoning changes that would have to be approved by the city.
WeWork’s Adam Neumann Unloads Stake in San Jose Properties
Neumann sold a stake in several sites slated for development in Silicon Valley.
10 Must Reads for the CRE Industry Today (Feb. 13, 2020)
CoStar Group to buy apartment search firm RentPath for $588 million, reports the Wall Street Journal. Forbes looks at the growing trend of build-to-rent single-family home communities. These are today’s must reads from around the commercial real estate industry.
Nine Takeaways from the MBA CREF 2020 Conference, Day Two
Risk mitigation on new loans and proptech adaption in the mortgage sector were among the key topics discussed on Tuesday.
Small Businesses Caught in Crosshairs of Sears Bankruptcy
The estate filed about 400 in November and is expected to file additional lawsuits that in total will impact as much as 2,000 vendors.
Retail Investors Fuel a Surge in Non-Traded REIT Fundraising
Most recent fundraising has gravitated to non-traded NAV REITs, which provide additional transparency and liquidity than traditional non-traded REITs.
Penn Station Stinks, But the Neighborhood Is Looking Up
Vornado hopes to develop where others haven’t even tried.
Will U.S. REITs Feel the Impact of the Coronavirus Outbreak?
Chinese travelers and materials suppliers play a role in demand for U.S. hotels and the speed of U.S. project deliveries.
Nine Takeaways from Ariel Property Advisors’ Coffee & Cap Rates Event
The commercial real estate services firm held its semi-annual event in New York City on Thursday.