NREI Weekender | |
NREI Research Series | | | By Beth Mattson-Teig, Contributing Writer | While COVID-19 has taken its toll, the exclusive annual NREI/NIC seniors housing investor sentiment research finds that respondents retain a bullish view on the long-term prospects for the sector. FULL ARTICLE |
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Office | | By Patricia Kirk, Contributing Writer | NREI asked Larry Silverstein, chairman of Silverstein Properties, for his opinion on how urban office markets, including New York City, might be affected by the pandemic in the long term, the effect COVID-19 is having on office assets, and the company's current portfolio performance and new acquisitions. FULL ARTICLE |
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Retail | | By Sebastian Obando, Staff Writer | NREI has been publishing since the beginning of the summer a gallery of retailers that have and have not paid rent earlier during the COVID-19 pandemic. Here is the updated version of that list. FULL ARTICLE |
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Retail | | By John Egan, Contributing Writer | Swedish retail giant Ikea, known for its inexpensive, modern, hard-to-assemble furniture, traditionally doesn’t target urban cores. Instead, it typically builds its warehouse-style stores, averaging 320,000 sq ft., in suburban areas. Now, the Ingka Centres shopping center arm of Ikea’s parent company is starting to load up its U.S. cart with inner-city, mixed-use projects anchored by Ikea stores. FULL ARTICLE |
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Real Estate Services | | By Bendix Anderson, Contributing Writer | It’s too soon for most developers to sign a contract to buy a failed hotel—but apartment developers are watching and waiting for prices to drop to buy other property types damaged by the economic crisis to redevelop into multifamily buildings. FULL ARTICLE |
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Real Estate Services | | By Sebastian Obando, Staff Writer | Virtual tours are becoming much more prevalent in the leasing process, especially due to the pandemic. But there are certain aspects of commercial space that only in-person tours can provide an accurate feeling for. FULL ARTICLE |
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Office | | By Julie Whelan | There’s no shortage of conjecture amid COVID-19 about the fate of offices across the globe. The office isn’t going away, but the pandemic has accelerated an evolution of the role it serves for companies. FULL ARTICLE |
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Real Estate Services | | By NREI Staff | In this episode of the Common Area podcast, CREW Network CEO Wendy Mann discusses the findings of the group's latest benchmark study on gender and diversity in commercial real estate. LISTEN HERE |
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| Bloomberg | Oaktree Capital is exploring the sale of Agro Merchants Group, a cold storage company that could fetch as much as $2 billion, including debt, according to people with knowledge of the matter. FULL ARTICLE |
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| By NREI Staff | Economic hardships caused by the pandemic are likely to lead to forced house sales and new renters, according to the Wall Street Journal. BlackRock CEO says having more than a quarter of employees managing the firm’s $7.4 trillion in assets from their basements and bedrooms could have a deleterious effect on BlackRock, reports The New York Post. These are among today’s must reads from around the commercial real estate industry. FULL ARTICLE |
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