Despite mass unemployment and underemployment, multifamily rental payments have held up far better than many industry experts expected amid the economic wreckage caused by the spread of the novel coronavirus.
One of the biggest questions right now for urban multifamily property managers is how to deal with ramped-up package delivery while ensuring social distancing rules.
This is the first of a four-part series from Holland & Knight's Susan J. Booth on loan workouts. Part one examines steps a mortgage lender should take before the workout starts.
Pier 1 Imports Inc. said it would seek bankruptcy court approval to wind down its brick-and-mortar operations after the coronavirus pandemic made it difficult for the U.S. retailer to find a buyer.
The New York Times looks at how one university prepares for the return of students. Most REITs outside the retail sector are still getting their rents, reports CNBC. These are among today’s must reads from around the commercial real estate industry.
