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JUNE 3, 2020

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Alternative Properties

Student Housing Owners Look Forward to the Fall Semester

By Bendix Anderson, Contributing Writer

According to data compiled from 850 universities by the Chronicle of Higher Education, two-thirds of American universities have announced plans for students to return. “By and large, most schools appear to be on track to re-open for fall 2020,” says Carl Whitaker, senior manager of market analytics for RealPage Inc.

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Commentary

Net Lease

So Your 1031 Exchange Deadline Has Been Extended? Why Waiting Until the July Deadline Could Be a Bad Idea

By Alex Madden

As a result of the COVID-19 pandemic the IRS issued Notice 2020-23, which provided a multitude of tax extensions, including 1031 like-kind exchange deadlines for some investors. While the extensions were provided for good reason, there may be unintended consequences if eligible investors all wait to pull the trigger on their exchanges near or at the time of the deadline.

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Sponsored Content

A Surefire Way for CRE Companies to Mitigate Fraud Risks During COVID-19

Sponsored by AvidXchange

As cybercrime skyrockets, financial security is paramount.

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NREI Wire

Mall Owner CBL Skips Debt Payment, Hoards Cash While Rents Fall

Bloomberg

CBL & Associates missed an $11.8 million coupon payment on its 5.25 percent senior unsecured notes.

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Legoland Reopens to Thin Crowds with Social Distancing in Place

Bloomberg

Guests at the Winter Haven, Fla.-based resort weren’t required to wear masks and only a few did.

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14 Must Reads for the CRE Industry Today

By NREI Staff

Real estate executives and business leaders promise change as anger and frustration over racism and police brutality grip the nation, reports The Real Deal. Office developers around the country grapple with the fallout from the coronavirus pandemic, according to The New York Times. These are among today's must reads from around the commercial real estate industry.

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