“Blackwells strongly opposes the cockamamie merger, and expects most other shareholders to do the same," said the activist investor of the plan, which is backed by Schorsch's AR Global.
What does this trend in data science adoption mean for commercial real estate investment? And perhaps, most importantly, how far ahead or behind is your organization in this low-visibility race to better inform investment decisions through data science?
Investment sales in the sector have been impacted by the same volatile forces as other commercial real estate assets, but potential long-term returns remain attractive.
CoStar looked at how Simon Property Group is repositioning some of its malls into mixed-use centers. Some U.S. banks are winding down their commercial real estate loan books even if they have to sell at a discount, reports Bloomberg. These are among the must reads from around the real estate investment world to kick off the new week.