WMRE Daily
WMRE Daily

AUGUST 6, 2021

Top Story

Focus on ESG Goals Is Encouraging More CRE Players to Invest in Affordable Housing

With a greater focus on ESG criteria, more investors are starting to look at affordable housing plays.

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In Case You Missed It ...

Multifamily Developers Double Down on Southern, Secondary Markets

Many Sun Belt cities like Dallas were already growing quickly before the pandemic and are expected to continue to prosper.

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Midyear Outlook

What Doesn't Kill You, Makes You Stronger

Retailers who are tuned into their customers' needs and wants and use multiple channels to maintain customer relationships, will not only survive, but thrive.

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WMRE Wire

American Dream Mall Draws on Reserves to Make Bond Payment

The owners of the 3.3-million-sq.-ft. property used the reserves to make a $9.3 million August payment on $290 million of debt.

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Investors Bet $53 Billion That U.S. Rents Will Push Even Higher

Commercial real estate investors spent $53 billion on U.S. multifamily assets in the second quarter, setting a record, reports Real Capital Analytics.

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Wells Fargo, BlackRock Push Back Return-to-Office Dates on Rising Cases

Wells Fargo, with almost 260,000 employees, will now begin bringing back staffers who had been working remotely starting Oct. 4, while BlackRock also delayed its September deadline.

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Seven Must Reads for the CRE Industry Today

President Biden’s eviction moratorium could face legality challenges at the Supreme Court, reports The Associated Press. The New York Times looks into whether the hybrid office model will disadvantage remote workers. These are among today’s must reads from around the commercial real estate industry.

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