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JULY 18, 2020

Top Stories

Retail

What Goes Into Operating Drive-In Theaters in Retail Parking Lots

By Liz Wolf, Contributing Writer

As more drive-in movie theaters pop up in parking lots of malls and big-box retailers, we look at how these partnerships work.

FULL ARTICLE

Technology

What Does CoStar’s Purchase of Ten-X Say about the Firm’s Ambitions in the Proptech Sector?

By John Egan, Contributing Writer

The company is the “800-pound gorilla” in the room. But it may soon be facing tougher competition.

FULL ARTICLE

Industrial

Booming E-commerce Sales Drive Demand for Industrial Facilities

By Patricia Kirk, Contributing Writer

Industrial facilities are seeing rising rents and potential bidding wars as online sales drive demand for space to store merchandise.

FULL ARTICLE

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Analysis

Finance & Investment

Wave of Rescue Capital Moves on Ahead of Opportunistic Buyers

By Beth Mattson-Teig, Contributing Writer

Rescue capital could make a dent in the amount of distressed real estate deals in the market.

FULL ARTICLE

Finance & Investment

Insurers “Are Already Preparing to Pay Some Fraction” of Pandemic-Related Claims, Lawyers Say

By Sebastian Obando, Staff Writer

So far, insurers have been balking at paying business interruption plans for pandemic shutdowns, but that is likely to change.

FULL ARTICLE

Alternative Properties

Outlook for Hotels Worsens, Again

By Bendix Anderson, Contributing Writer

The new spikes in COVID-19 cases in many U.S. markets have derailed a nascent recovery in the hospitality sector.

FULL ARTICLE

Gallery

Retail

Retailers That Have—and Haven’t—Paid Rent During COVID-19

By Sebastian Obando, Staff Writer

Department stores, apparel stores and accessories stores are among retail tenants struggling the most to pay their rents.

FULL ARTICLE

Commentary

Office

Office Markets Are Preparing for the “New Normal”

By John G. Ellis

The prospect of falling occupancies and rent reductions will cause cap rates to rise.

FULL ARTICLE

Podcast

Finance & Investment

NREI's Common Area: How Malls Are Being Used for More Than Just Shopping

By NREI Staff

In episode 39 of NREI's Common Area podcast, David Bodamer speaks with Lou Conforti, CEO of Washington Prime Group (WPG). WPG is a retail REIT and a recognized leader in the ownership, management, acquisition, and development of retail properties. Conforti talks about what he and the WPG team are doing to help their tenants continue operating their retail businesses during COVID-19.

LISTEN HERE

NREI Wire

NYC Hotels Embrace Gimmicks to Goose Demand with Travel Frozen

Bloomberg

With coronavirus cases surging in parts of the U.S., hotel operators face new challenges.

FULL ARTICLE

Nine Must Reads for the CRE Industry Today

By NREI Staff

Decades-old businesses are shutting down due to the economic hardship caused by the coronavirus, reports The New York Times. The Associated Press looks at life inside nursing home facilities during the pandemic. These are among today’s must reads from around the commercial real estate industry.

FULL ARTICLE