Real Estate Investment Trusts

The first tenants at One Vanderbilt, across from Grand Central Terminal, will start moving in by year’s end.

The retailer’s shopping center arm just bought a building in downtown San Francisco. It’s on the lookout for more of the same.

The prospect of a coronavirus relief package deal is getting worse by the day, reports Politico. San Francisco will allow indoor hair and nail salons, gyms and hotels to open on Monday, according to the San Francisco Chronicle. These are among today’s must reads from around the commercial real estate industry.

The private equity firm is looking at selling the operator of mobile home parks in a deal that could bring in $750 million.

Century 21 filed for Chapter 11 bankruptcy and plans to close all of its stores, reports Business Insider. Employees who work at multiple nursing home facilities are thought to be behind some of the continuing COVID-19 spread, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.

Tuesday, September 29, 2020 | 1:30 PM ET

The company has fielded interest from prospective suitors.

The London-based bank is looking for about 500,000 sq. ft. of space.

The National Multifamily Housing Council found 76.4 percent of apartment households made a full or partial rent payment for the month by September 6. Mall owners Simon Property Group and Brookfield Property Partners are close to finalizing a deal to rescue J.C. Penney from bankruptcy, reports CNBC. These are among today’s must reads from around the commercial real estate industry.

The dispute involves $11.9 million to build out WeWork’s space at 100 Summer St.