In this episode of the Common Area Podcast, David Bodamer shares highlights from NREI's Midyear Market Trends and Outlook supplement and CBRE's Midyear Market report.
Small businesses are disappearing by the thousands amid the Covid-19 pandemic, and the drag on the economy from these failures could be huge. This wave of silent failures goes uncounted in part because real-time data on small business is notoriously scarce.
Halliburton Co. has been slashing jobs and retiring fracking gear as low oil prices crushed its order book. Now it’s going one step further by selling the land its business rested on.
Stein Mart filed for Chapter 11 bankruptcy and plans to permanently close most of its stores, reports CNBC. Online investment platform YieldStreet is being investigated by two government agencies, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.