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JULY 9, 2020

Top Story

Retail

As Retail Anchors Go Under, Landlords Offer Rent Concessions in Exchange for Other Tenants’ Co-Tenancy Clauses

By Liz Wolf, Contributing Writer

As more U.S. department stores and other anchor retail tenants file for bankruptcy and close permanently, landlords face yet another problem in an already dire retail environment—co-tenancy clauses.

FULL ARTICLE

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Analysis

Multifamily

Apartment Investors Begin to Navigate COVID-19 Deal Landscape

By Bendix Anderson, Contributing Writer

The properties hitting the market today tend to be smaller. Investors are holding onto stabilized assets if they can and distressed deals haven't hit the market yet.

FULL ARTICLE

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Podcast

Real Estate Services

NREI's Common Area, Episode 38

By NREI Staff

David Bodamer is joined by IREM President Cheryl Gray to talk about the renewed efforts to build diversity and inclusion in commercial real estate. T hey examine how the commercial real estate industry has been having conversations about underrepresented groups for some time now, but in today’s atmosphere, people want to stop talking and start doing.

LISTEN HERE

NREI Wire

JPMorgan Puts Plans for Ohio Office Return on Hold Indefinitely

Bloomberg

JPMorgan Chase & Co. is pulling back on returning employees to offices in Columbus, Ohio, after coronavirus cases in the state jumped.

FULL ARTICLE

Kimco Realty Debuts Green Debt as It Boosts Focus on ESG Issues

Kimco Realty Corp., which owns and operates open-air shopping centers, issued debt for the first time to finance environmentally-friendly projects.

FULL ARTICLE

14 Must Reads for the CRE Industry Today

By NREI Staff

Over 77 percent of U.S. apartment households made full or partial rent payments by July 6, according to NMHC. Brooks Brothers has filed for bankruptcy protection, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

FULL ARTICLE