NREI Daily
Wealth Management FinTech
 

AUGUST 7, 2020

Top Story

Alternative Properties

MOB Sales Fell by Nearly 50 Percent in the Second Quarter, But the Sector’s Outlook Is Strong

Investment sales volumes in the medical office buildings (MOB) sector have dipped and cap rates have flattened in recent month, but the sector seems to be bouncing back.

FULL ARTICLE

Advertisement

Analysis

REITs

Postal Realty Trust CEO Talks About the Company’s Outlook for the Future

When most of us hear “The check’s in the mail,” we perceive it as a brush-off. But for Andrew Spodek, CEO of Postal Realty Trust Inc., that phrase is a stamp of approval. The Cedarhurst, N.Y.-based REIT believes it’s the country’s largest owner and manager of leased U.S. Postal Service properties. The company’s portfolio of owned and managed postal facilities exceeds 1,000.

FULL ARTICLE

Sponsored Content

The Tool Helping Multifamily Recover Faster

Read how market analytics guides today's investment decisions.

FULL SPONSOR ARTICLE

Advertisement

NREI Wire

Busted Retailers Use Bankruptcy to Break Leases by the Thousands

With the pandemic intensifying the plight of U.S. retailers, companies from J. Crew Group Inc. to the owner of Ann Taylor are using Chapter 11 bankruptcy filings to quickly get out of costly, long-term leases and shutter thousands of stores.

FULL ARTICLE

San Francisco Eviction Moratorium Survives Landlord Challenge

A San Francisco eviction ban survived a legal challenge by landlords after a California judge found the ordinance protecting tenants who can’t pay rent during the Covid-19 crisis was within the city’s regulatory authority.

FULL ARTICLE

Six Must Reads for the CRE Industry Today

Bay Area cities are approving affordable housing developments, reports the San Francisco Chronicle. The Federal Housing Finance Agency is mandating multifamily property owners with government-backed loans in forbearance to inform renters about the eviction protections that extend to them, according to Forbes. These are among today’s must reads from around the commercial real estate industry.

FULL ARTICLE