With many Americans working and learning from home, multifamily properties are facing increased wear-and-tear, greater volumes of waste and recycling and demands for services.
In episode 40 of NREI 's Common Area podcast, David Bodamer speaks with Phil Colicchio and Trip Schneck about how independent restaurants and food halls have been affected by the COVID-19 shutdown and what might need to change going forward.
A group of lenders steering J.C. Penney Co.’s bankruptcy process is asking potential buyers of the retail chain to increase their bids after a round of offers in July were seen as too low, according to people familiar with the matter.
Manhattan’s super-high-end rental market, comprising apartments that start at $22,000 for a month’s rent, has slowed to a trickle as wealthy foreign and domestic renters refuse to return to New York.
Commercial real estate fundamentals showed some improvement in July, reports Star Tribune. The struggles of the retail sector are likely to continue, according to Benzinga. These are among today’s must reads from around the commercial real estate industry.