NREI Daily
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OCTOBER 23, 2020

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Alternative Properties

CRE Investors Show Growing Interest in Biolab Space

Commercial real estate investors are showing increasing interest in biolab facilities as healthcare research and development has accelerated due to the pandemic.

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Multifamily

15 U.S. Cities Most Popular with Millennial Renters

In the following cities, millennials have been filling out more than a third of all apartment rental applications.

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Exclusive Research

Real Estate Investors Adopt Divergent Strategies Amid Uncertainty

Exclusive survey reveals falling sentiment reiterates caution, but many see opportunity ahead.

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NREI Wire

Howard Hughes Pitches $1.4 Billion Development Near NYC Seaport

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.

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Equinox Taps Kirkland & Ellis, Centerview for Debt Advice

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.

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Eight Must Reads for the CRE Industry Today

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.

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