The next year will likely flood oil markets like Houston and New Orleans with office sublet space. But some investors may be able to snap up class-A assets at "rock bottom prices."
Even before the pandemic threatened lives and livelihoods around the world, Phoenix-based investment firm Fundamental Income Strategies LLC had planned to roll out a net lease investment platform. Despite the pandemic—and even emboldened by it—the firm launched its Fundamental Income Properties LLC platform on April 22.
As most of the country remains under shelter-in-place orders, the commercial real estate industry has been no different. We asked industry members to send us photos of what their new professional lives looked like. Turns out working from home requires some of the same skills as working in an office--from learning to tolerate your desk neighbors' puzzling quirks to showing up for team meetings to finding outfits that look both polished and comfortable. In the following slides, we show how readers are approaching those issues.
Macy’s plans to reopen 68 stores on Monday, reports MarketWatch. The Washington Post looks at iconic brands that could disappear because of coronavirus. J. Crew is preparing to file for bankruptcy protection, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
