WMRE Daily
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WMRE Daily

APRIL 8, 2021

Top Story

As Vaccination Drive Continues, Office Landlords Bet on Virus Testing to Speed Up Office Returns

By Patricia Kirk, Contributing Writer

More companies are announcing they will be returning to the office. On-site COVID-19 testing might be another inducement.

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Podcast

WMRE's Common Area: Now is the Time to Invest in Hotels

By WMRE Staff

Driftwood Capital's Carlos Rodriguez explains why investors should strike now if they want to enjoy the full upside of the post-pandemic recovery for hospitality properties.

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WMRE Wire

Pandemic Migration Made Rent Less Affordable Across the U.S.

Bloomberg

As people relocated during the pandemic, median rents sored in cheaper U.S. counties where residents tent to earn less, according to Zumper.

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Manhattan’s Watson Hotel Sells for $175 Million as Market Thaws

Bloomberg

The price tag is the highest paid for a Manhattan hotel since the pandemic upended travel.

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Nine Must Reads for the CRE Industry

By WMRE Staff

Amazon has been acquiring distressed malls and converting them into fulfillment centers, reports NBC News. Bisnow looks at the life of Bill Lee, founder of brokerage firm Lee & Associates, who passed away at age 78. These are among today’s must reads from around the commercial real estate industry.

FULL ARTICLE