WMRE Daily
WMRE Daily

APRIL 9, 2021

Top Story

REITs End Quarter on a Roll, Posting Gains Across the Board in March

Retail, lodging/resort and apartment REITs posted the biggest gains in the first quarter.

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Exclusive Research

Investor Sentiment Recovers

Exclusive survey results point to returning confidence in commercial real estate values and performance, while momentum for recovery varies across geographical and property types.

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WMRE Wire

Lodging Firm Sonder Is in Talks with Gores Metropoulos SPAC

Sonder, which decks out apartments and hotel rooms as short-term rentals, is looking to merge with the SPAC in a deal that will value them at more than $2.5 billion.

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Manhattan Renters Scoop Up Lingering Units in Discount Frenzy

New apartment leases in Manhattan jumped by 89 percent in March from a year earlier, according to Miller Samuel Inc. and Douglas Elliman Real Estate.

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Wall Street Math Shows ESG Funds Can Ride the Value Stock Boom

Relative to the S&P 500, funds that track companies that meet ESG standards have more exposure to cyclical sectors than the broader industry.

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Nine Must Reads for the CRE Industry Today

President Biden plans to ease the affordable housing shortage by pushing local governments to change zoning regulations, reports Reuters. U.S. schools are expected to be fully open for in-person instruction by September, according to new comments by CDC director Rochelle Walensky. These are among today’s must reads from around the commercial real estate industry.
 

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