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AUGUST 27, 2020

Top Story

Finance & Investment

Freddie, Fannie Keep Capital Flowing to Multifamily Borrowers

Freddie Mac and Fannie Mae are on track to lend nearly as many dollars to apartment properties in 2020 as they did in 2019. 

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Analysis

Retail

Mall Landlords Use Open-Air Pop-Ups to Help Retailers Through the Pandemic and It Seems to be Working

Unibail-Rodamco-Westfield, Simon, Brookfield and the Segerstrom family among mall owners trying this approach in locked-down states.

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Multifamily

The Current State of Lost Wages Assistance

We look at which states are participating in the measure authorized by President Trump earlier this month.

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Finance & Investment

How HNWIs View CRE in the Wake of COVID-19

Check out NREI's latest High Net Worth Commercial Real Estate Investment Trends research. This year's study spotlights how HNWI allocations and approach to the sector has (and hasn't) changed in the wake of the COVID-19 pandemic. The survey was compiled from nearly 500 respondents in the commercial real estate sector, including a mix of owners, investors, brokers and analysts. 

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Midyear Market Trends and Outlook

Property Tax Assessment and Valuation in the Post COVID-19 Era

With revenues from sales tax dramatically reduced due to economic shutdown, a shift to increased property tax may be inevitable across the country.

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NREI Wire

NYC’s Virus Threat Has Faded, But Its Future Is Stuck in Limbo

New York’s rate of positive Covid-19 tests fell to the lowest since the pandemic began last week. Yet tourism is down, crime is up and as many as a third of the city’s small businesses may never reopen.

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Commercial Mortgage Debt in Distress Surges 320%, Moody’s Says

More than $54.3 billion in U.S. commercial mortgage backed securities have been transfered to loan workout specialists mostly because of payment delinquencies, a 320% increase since the start of the Covid-19 pandemic, according to Moody’s Investors Service.

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14 Must Reads for the CRE Industry Today

Mutual funds took hundreds of millions of dollars in losses this spring on the American Dream project, reports the Wall Street Journal. Las Vegas strip casino revenue decreased 39 percent in July from a year ago, according to Bloomberg. These are among today’s must reads from around the commercial real estate industry.

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