More owners have been able to catch up delinquent loans, which has short circuited predictions of a massive pandemic-induced distressed real estate cycle.
Big banks are looking at potential alternatives to the Secured Overnight Financing Rate, a LIBOR replacements, reports The Wall Street Journal. Dunkin’ Donuts is looking at airports, university campuses and travel plazas for its new locations, according to Chain Store Age. These are among today’s must reads from around the commercial real estate industry.
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