WMRE Daily
WMRE Daily

APRIL 15, 2021

Top Story

As Tenants Accelerate Office Return Plans, Investors See an Opportunity

Remote work was expected to devastate the office sector. But suddenly many firms are switching gears and pushing for the returns of workforces. That spells good news for office investors. 
 

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WMRE Wire

Office-Tower Bonds Are Wildly Popular Despite Quiet Downtowns

About a third of all of this year’s CMBS loans tied to single properties helped finance class-A office towers in urban centers.

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Two Extended Stay Directors Opposed Blackstone, Starwood Deal

Extended Stay disclosed in a regulatory filing that two of the company’s own directors opposed the deal with Blackstone.

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Nine Must Reads for the CRE Industry

NMHC President Doug Bibby has announced he is postponing his retirement until early 2023. Philadelphia real estate developer and former PREIT CEO Ron Rubin passed away at age 89, reports the Philadelphia Inquirer. These are among today’s must reads from around the commercial real estate industry.

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