NREI Daily
Wealth Management FinTech
 

AUGUST 26, 2020

Top Story

Finance & Investment

UPDATED: COVID-19 Bankruptcies That Could Hurt the CRE Industry

The massive economic hit from COVID-19 has forced scores of U.S. companies into bankruptcy. Here are some with the most significant potential repercussions for commercial real estate. This gallery has been updated to include the latest round of filings and also features notes on the latest developments on the restructuring and liquidation processes for firms that filed earlier in the year. 

FULL ARTICLE

Advertisement

Analysis

Multifamily

A Look at Multifamily Investment by State

For a sense of how deal activity has played out, we asked CoStar  to provide us a state-by-state breakdown of year-to-date multifamily sales. 

FULL ARTICLE

Advertisement

Midyear Market Trends and Outlook

Auto Service Industry: A Recession (Pandemic) Resistant "Essential Tenant!

Despite the dynamics of the pandemic, the auto service industry was deemed essential and remained open.

FULL SPONSOR ARTICLE

Advertisement

NREI Wire

Service Properties to End Pact with IHG on Missed Payments

The REIT plans to transfer the branding and management of the 103 hotels to Sonesta International Hotels Corp. by December.

FULL ARTICLE

York Capital Seeking to Cut 40% of Space in NYC’s GM Building

York Capital Management is looking to cut about 40% of its Fifth Avenue office space as the pandemic prompts companies to rethink the need to occupy expensive skyscrapers.

FULL ARTICLE

10 Must Reads for the CRE Industry Today

Retail landlords are beginning to include pandemic language in new leases, reports the Wall Street Journal. The depressed U.S. economy could help make Airbnb IPO successful, as people choose to vacation at homes instead of hotels, according to Business Insider. These are among today’s must reads from around the commercial real estate industry.

FULL ARTICLE