NOVEMBER 4, 2020

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Finance & Investment

Split-Roll Property Tax Proposal 15 in Calif. Too Close to Call

By David Bodamer, Editorial Director

The outcomes of several other ballot measures were decided, including legalization of medical and recreational marijuana in several states.

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Analysis

Alternative Properties

Self-Storage Attracts New Buyers

By Bendix Anderson, Contributing Writer

Buchanan Street Partners plans to spend $350 million to $500 million to buy and build in the sector.

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Commentary

Strong Partnerships are an Undervalued Key to Organizational Success

By Chip Watts, Contributing Columnist

New IREM President Chip Watts lays out his vision for how commercial real estate associations can work together and with stakeholders in meaningful partnerships.

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Rescuing struggling malls will be unusually complicated because of byzantine webs of financing.

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Vornado Loses $409 Million on Fifth Avenue, Times Square Venture

Bloomberg

The REIT sold a stake in the retail properties in 2019 and retained a 51 percent equity interest in the assets that were then valued at $5.6 billion.

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MGM Growth Properties Interested in Buying the Venetian Casino

Bloomberg

“We would definitely be interested,” MGM’s CEO James Stewart told investors.

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12 Must Reads for the CRE Industry Today

NREI Staff

Big real estate investment funds are delaying investor redemption requests, reports the Wall Street Journal. Commercial real estate developers will find it hard to secure property insurance until the 2020 election is settled, according to GlobeSt.com. These are among today’s must reads from around the commercial real estate industry.

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