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APRIL 2, 2019

Top Story

Multifamily

Uncertainty Chills International Apartment Investment

By Bendix Anderson, Contributing Writer

Rising interest rates and uncertainty about the economy’s prospects slowed the pace of investment in apartment properties during the first few months of 2019.

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Analysis

Hospitality

Lenders Continue to Open the Purse Strings for Hotel Borrowers

By Beth Mattson-Teig, Contributing Writer

New industry research hinted that capital may be pulling back from hospitality with a sharp drop in financing for hotel properties last year. Yet other industry participants are quick to point to robust activity and a very healthy borrowing climate – for those who know where to look.

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NREI Wire

BlackRock Starts Biggest Organization Overhaul in Years: Memo

Bloomberg

BlackRock Inc. is launching its largest sweeping organizational overhaul in years, according to an internal memo. The world’s largest asset manager is installing new leaders at an alternatives investment division, reorganizing sales staff and shifting around two dozen directors into different roles, according to the memo to staff Tuesday.

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Walmart Unveils Voice-Activated, Google-Powered Grocery Shopping

Bloomberg

Walmart Inc. will let customers order groceries by voice through Google’s smart-home assistant, an attempt to counter Amazon.com Inc.’s growing clout in e-commerce.

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10 Must Reads for the CRE Industry Today

NREI Staff

Amazon set to make Whole Foods cheaper in order to compete with other grocers, according to the Wall Street Journal. Manhattan real estate posts its worst first quarter figures in years, reports CNBC. These are among today’s must reads from around the commercial real estate industry.

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