Commercial real estate investors are showing increasing interest in biolab facilities as healthcare research and development has accelerated due to the pandemic.
Howard Hughes Corp. is proposing a $1.4 billion development in Manhattan’s South Street Seaport District, the latest attempt to transform a lot that has been mired in controversy for decades.
Equinox Holdings Inc., the luxury gym chain, is working with legal and financial advisers as it seeks to manage upcoming debt obligations and ride out pressures from the Covid-19 pandemic, according to people with knowledge of the matter.
The National Multifamily Housing Council rent payment tracker found 90.6 percent of apartment households made a full or partial rent payment by Oct. 20. Apartment REITs are seeing a surge in vacancies, reports the Washington Post. These are among today’s must reads from around the commercial real estate industry.