Even as COVID-19 continues to wreak havoc with the global economy—putting the majority of commercial real estate investment activity on pause—entities are lining up gobs of capital to pounce on distressed real estate opportunities expected to arise in the coming months.
Food halls will struggle as states reopen businesses and some may close permanently, say industry sources. Over the long term, however, they should return to their pre-COVID-19 success.
In this episode of NREI's Common Area, David Bodamer talks with guest Bob Atkins, principal of the Atkins Cos., about what he's learned from operating his company's medical office portfolio in the COVID-19 era.
Park Hotels & Resorts Inc. has held discussions with lenders including Bank of America Corp. about a potential $500 million high-yield bond offering, according to a person with knowledge of the matter.
Nashville’s Music Row has gone quiet, its teeming hotels have emptied and its bustling restaurants, like the Capitol Grille, a fixture since 1910, are open for take-out only.
Chinese investment in the U.S. dropped to the lowest levels since the financial crisis, reports Reuters. Wall Street investors are flocking to single-family rental REITs, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
