The lessons of the Financial Crisis and recent capital raising have helped prepare them for a downturn, analyst say.
13 Must Reads for the CRE Industry Today (Sept. 4, 2020)
Google is not cutting down on space but rather planning a new town-like tech hub, reports CNBC. The cost of living has risen during the pandemic, meaning inflation is higher than the numbers say, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.
New York City Will Recover from the Pandemic, Says Real Estate Mogul Howard Lorber
Lorber discusses which markets are seeing downturns as a result of COVID-19.
Here Are 14 Retailers That Are Still Expanding in a Pandemic
COVID-19’s toll on the retail sector has been drastic. But some retail chains have been uniquely well-positioned for a recession in which many people are spending a lot of time at home.
11 Must Reads for the CRE Industry Today (Sept. 3, 2020)
The CREW Network has released is fourth benchmark study on gender and diversity in the commercial real estate industry. Macy’s is planning to test several smaller store formats outside of malls, according to CNBC. These are among today’s must reads from around the commercial real estate industry.
What Does the Stalled HEROES Act Mean for CRE Operators?
A comprehensive federal rescue package seems no closer to being passed by the Senate. Here’s what the impact has been on commercial real estate.
17 Must Reads for the CRE Industry Today (Sept. 2, 2020)
Apparel, fitness and theater businesses struggle with rent payments even as shutdowns ease, reports the Wall Street Journal. The U.S. faces a wave of small business failures this fall if the federal government does not provide a new round of financial assistance, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.
Make-a-Wish chapter proposes new headquarters building in Miami
The Make-a-Wish Foundation of Southern Florida would like to build a new headquarters in Miami’s Overtown neighborhood. The current headquarters is located in Fort Lauderdale, Fla.
Chuck E. Cheese Seeks Reduced Rent While Landlord Talks Continue
The parent company, CEC Entertainment Inc., asked to pay reduced rent based on status of operations rather than forgoing payments completely.
13 Must Reads for the CRE Industry Today (Sept. 1, 2020)
A quarter of all U.S. hotel properties now face the risk of foreclosure, according to Mortgage Professional America. Indoor dining will resume and movie theaters will reopen on Friday in limited capacity in New Jersey, reports the Associated Press. These are among today’s must reads from around the commercial real estate industry.