Incoming capital from the Middle East into the U.S. real estate sector totaled $4.057 billion in the third quarter—a decline of 71 percent compared to the same time last year.
“I think last year a lot of people were a little unsure of the future, but I think the year has shown that retail is here to stay,” said Jeremy Schwartz, a senior associate of retail services at Avison Young, a commercial real estate services firm.
Mall owners are adopting new technology to monitor shoppers, CNBC reports. More than $9 billion in insurance claims have been filed due to the wildfires in Northern California two months ago, according to The Associated Press. These are among today’s top must reads from around the commercial real estate industry.
Key Accounts Manager/New England and Canada Matt Butcher
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