DECEMBER 19, 2020

Top Stories

Finance & Investment

Vaccine Approval Could Mark a Turning Point in CRE Price Discovery

By Beth Mattson-Teig, Contributing Writer

Buyers hoping to capitalize on distress may only have a small window of time to strike as long-term prospects for troubled assets begins to brighten.

FULL ARTICLE

Retail

What Lies Ahead for CBL and PREIT After Bankruptcy?

By Liz Wolf, Contributing Writer

With all mall REITs struggling, those that focus on class-B and class-C properties face a particularly challenging future.

FULL ARTICLE

Finance & Investment

PREA’s All-Property Returns Forecast Brightens

By NREI Staff

Previously, pension funds had forecast the NCREIF All-Property Index to end 2020 in negative territory.

FULL ARTICLE

Analysis

Office

U.S. Sublease Office Space Soars in Third Quarter, to Near 2009 Peak

By Patricia Kirk, Contributing Writer

There have been large blocks of office space added to the market in the third quarter in office hubs around the nation.

FULL ARTICLE

Multifamily

Multifamily Investors Are Ending 2020 on a Brisk Buying Clip

By Bendix Anderson, Contributing Writer

Tired of waiting for discounts, investors have come off the sideline to snap up assets in a year-end rush of deals.

FULL ARTICLE

Alternative Properties

Hotels Buyers and Sellers Remain Deadlocked

By Bendix Anderson, Contributing Writer

With vaccinations beginning, existing owners of struggling hotel properties are making a renewed effort to wait out the pandemic rather than sell at deep discounts.

FULL ARTICLE

Gallery

Finance & Investment

17 Books About CRE to Put on Your Reading List

By Elaine Misonzhnik, Executive Editor

From Stephen A. Schwarzman’s What It Takes to Vicky Ward’s The Liar's Ball, here are 17 of the more prominent books about commercial real estate.

FULL ARTICLE

Commentary

Property Management

Property Managers Have Found Opportunity and Growth Amid the COVID-19 Pandemic

By Chip Watts, Contributing Columnist

This year has provided the chance to hone our communication skills and serve fully as the voice of leadership.

FULL ARTICLE

REITs

A Long-Term CEM Study Shows REITs’ Power to Deliver for Pension Funds

By John Worth

The 21-year study shows pension funds have been missing out on healthy returns by under-allocating to REITs.

FULL ARTICLE

Podcast

Finance & Investment

NREI's Common Area: Seniors Housing's Post-Pandemic Future

By NREI Staff

NIC Chief Economist Beth Burnham Mace comes on the podcast to discuss how seniors housing has been affected by COVID-19 and the outlook for investment as mass distribution of vaccines nears.

LISTEN HERE

NREI Wire

NYC’s Plummeting Real Estate Sales Cost City $1.2 Billion

Bloomberg

Sales of commercial and residential properties were down 49 percent year-to-date through November, according to REBNY.

FULL ARTICLE

10 Must Reads for the CRE Industry

By NREI Staff

CVS Health and Walgreens have begun distribution of COVID-19 vaccines to residents and staff of long-term care facilities, reports CNBC. Flexible workspace provider Breather has laid off most of its staff and plans to shut more than 400 locations, according to Commercial Observer. These are among today’s must reads from around the commercial real estate industry.

FULL ARTICLE