NREI Daily
Wealth Management FinTech
 

JULY 24, 2020

Top Story

Office

Amount of Office Sublease Space Rises Rapidly in Some Markets in Response to Sputtering Economy

San Francisco is among markets seeing the most fallout in terms of increasing sublease space. Manhattan has yet to see a substantial spike in sublease availability.

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Analysis

Property Management

Office Building Health and Safety Now Requires Extra Spending. But Who Will Foot the Bill?

Expenses related to COVID-19 prevention in offices will go up. But depending on the lease terms, they might fall on the tenants and not office owners.

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NREI Wire

Fannie-Freddie Risk Bonds Threaten Big Losses for Fund Managers

Fund mangers could lose $2 billion on credit-risk-transfer securities, which shift the risk of borrower defaults from the GSEs to private investors.

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Ann Taylor Parent Goes Bankrupt, Plans to Shut Over 1,000 Stores

As part of its bankruptcy reorganization, Ascena Retail Group plans to close more than a half of its stores.

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Eight Must Reads for the CRE Industry Today

President Donald Trump announced his administration will provide $5 billion to help nursing home facilities counter the virus, according to the Associated Press. Rent growth at single-family rentals has slowed down considerably, reports GlobeSt.com. These are among today’s must reads from around the commercial real estate industry.

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