JUNE 12, 2020

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Office

Office Brokers Don’t Expect a Return to Normal Any Time Soon

By Patricia Kirk, Contributing Writer

While brokers don’t believe the office is going away, they expect the challenges presented by the pandemic to last into next year.

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Analysis

Finance & Investment

Foreign Investors Have Stayed Away from U.S. Real Estate in Recent Months. That Trend Is Not Expected to Hold

By John Egan, Contributing Writer

Once the pandemic is over and economic recovery begins, foreign buyers are likely to see attractive investment opportunities in core U.S. assets.

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Some hotels are investing in cutting-edge cleaning technology; others are following simpler government guidelines.

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Billionaire Rowling’s Manhattan Hotel to Permanently Close

Bloomberg

The Omni Berkshire Place hotel in midtown Manhattan will permanently close, the Covid-19 pandemic’s latest blow to New York’s lodging business.

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10 Must Reads for the CRE Industry Today

By NREI Staff

The D Magazine looks at commercial real estate valuations in a post-COVID world. Nursing homes received unusable protective gear from FEMA, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

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Analysis

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