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JULY 14, 2020

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Technology

What Does CoStar’s Purchase of Ten-X Say about the Firm’s Ambitions in the Proptech Sector?

By John Egan, Contributing Writer

Venture capitalist Ryan Freedman views CoStar Group Inc. as the “800-pound gorilla” in the proptech sector. Many proptech startups aspire to be “the CoStar of something,” he says, just as a lot of startups aim to be the “Uber of something.” But he and other executives in the industry don’t foresee CoStar being the dominant animal in the proptech jungle for too much longer, given the  vast number of proptech companies  and the impressive amount of capital flowing into the sector.

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Commentary

Finance & Investment

Somewhere Over the Rainbow: A Guide to Successful Loan Workouts (Part Three)

By Susan J. Booth

In part three of a four-part series on loan workouts, Holland & Knight's Susan J. Booth outlines how a lender should develop their strategy.

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Podcast

Finance & Investment

NREI's Common Area: How Malls Are Being Used for More Than Just Shopping

By NREI Staff

In episode 39 of NREI's Common Area podcast, David Bodamer speaks with Lou Conforti, CEO of Washington Prime Group (WPG). WPG is a retail REIT and a recognized leader in the ownership, management, acquisition, and development of retail properties. Conforti talks about what he and the WPG team are doing to help their tenants continue operating their retail businesses during COVID-19.

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Sponsored Content

CRE Developers Recognize Growing Business Case for Wood Construction

Sponsored by Think Wood

The benefits of building CRE structures with light frame construction, mass timber and pre-fab wood can include cost savings, faster production and a competitive edge for new projects. 

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NREI Wire

Amateur J.C. Penney Traders Beg Judge to Save Them from Wipeout

Bloomberg

For the first time experts can recall, amateur investors are buying shares of bankrupt companies. Their gains almost always prove fleeting.

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Los Angeles Apparel Factory Shut Down After More Than 300 Coronavirus Cases

The New York Times

An investigation found over 300 confirmed infections among the garment workers, and four deaths. Three of the deaths were in June, and one in July.

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13 Must Reads for the CRE Industry Today

By NREI Staff

More small business owners are permanently shutting their doors, reports The New York Times. AMC reached an agreement with bondholders to reduce its debt amid the pandemic, according to Reuters. These are among today’s must reads from around the commercial real estate industry.

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