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JULY 28, 2020

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REITs

DeMarco Out as Mack-Cali CEO; MaryAnne Gilmartin Named Interim CEO

By NREI Staff

The move appears to be the culmination of a recent battle as activist investor Bow Street has pushed for changes at the REIT.

FULL ARTICLE

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Change the Shape of Real Estate: AppFolio Virtual Summit

Analysis

Property Management

Pro Tips from Medical Office Buildings to Avoid COVID-19

By Bendix Anderson, Contributing Writer

Do you own or operate commercial real estate? Do you worry how to keep your properties safe during the crisis caused by the novel coronavirus? You can learn a lot from medical office buildings.

FULL ARTICLE

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Podcast

Finance & Investment

NREI's Common Area: How Malls Are Being Used for More Than Just Shopping

By NREI Staff

In episode 39 of NREI's Common Area podcast, David Bodamer speaks with Lou Conforti, CEO of Washington Prime Group (WPG). WPG is a retail REIT and a recognized leader in the ownership, management, acquisition, and development of retail properties. Conforti talks about what he and the WPG team are doing to help their tenants continue operating their retail businesses during COVID-19.

LISTEN HERE

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NREI Wire

‘We’re in a World of Hurt,’ Sands President Says of Las Vegas

Bloomberg

Las Vegas Sands Corp.’s two Las Vegas properties, the Venetian and the Palazzo, generated just $36 million in business during the second quarter.

FULL ARTICLE

California Developer 'Betting Big' on East Valley Office Market

Business Journals

Douglas Allred Cp. has already started construction on two speculative office buildings in Chandler, Calif.

FULL ARTICLE

14 Must Reads for the CRE Industry Today

By NREI Staff

CNBC looks at how an eviction crisis might look in different states. Most New York office workers continue working from home, despite the city permitting their return in June, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

FULL ARTICLE