NREI Daily
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AUGUST 17, 2020

Top Story

Retail

10 Retailers That Have—and 10 That Haven’t—Paid Their Rent as of the End of July

Retailers are beginning to pay a larger share of their rent as store locations reopen across the country, but many still remain on pause in terms of rent payments, according to the most recent Datex report. Here are 10 retailers that have and 10 that have not paid rent through July, as the industry deals with the fallout from the COVID-19 pandemic.

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Analysis

Finance & Investment

Despite a Steep Drop in Volume, Industrial Remains the Shining Star of the CRE Universe

The overall slowdown in investment sales activity that affected all commercial real estate assets in the second quarter is not expected to leave a lasting mark on industrial real estate.

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Midyear Market Trends and Outlook

Affordable to Lead the Charge Out of the Current Market Dislocation

The stay-at-home orders in response to COVID-19 were a stark reminder of how vital safe, decent and affordable housing is to the stability and well-being of households.

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NREI Wire

Demand for NYC Trophy Office Tower CMBS Allays Pandemic Concerns

While the deal has yet to price, the CMBS financing for the building is being seen as a bold vote of confidence for office demand in a large city’s central business district, observers say.

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Nearly 1,000 New Hotels Are Still Opening During the Pandemic. Why?

For many new hotels, the decision to open is one that’s been years—and millions of dollars—in the making.

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11 Must Reads for the CRE Industry Today (Aug. 17, 2020)

Governments need to account for how business, personal and public interests intersect in designing COVID-19 policies for commercial landlords and tenants, argues the Wall Street Journal. In a piece for GlobeSt.com, Ann Hambly outlines the three types of relief CMBS borrowers have been receiving amid the pandemic. These are among today’s must reads from around the commercial real estate world.

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