WMRE Daily
WMRE Daily

MAY 27, 2021

Top Story

WeWork Wants Another Shot at an IPO. Will It Succeed This Time Around?

Current leadership’s extensive commercial real estate experience and a new structure for going public make success more likely in 2021.

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Podcast

WMRE's Common Area: What's Trending in Net Lease Investment

Boulder Group's Randy Blankstein discusses the current lay of the land in the net lease world, including what investors need to know about the potential change in how like-kind exchanges are taxed.

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In Case You Missed It...

A Faster Than Expected "Return to Office" Rollout Is Boosting Investors' Confidence

An April Global Occupier Survey administered by real estate services firm CBRE found that office-using companies anticipate a return to a more normal level of office occupancy as 2021 progresses, according to Julie Whelan, head of occupier research for the Americas with the firm. “A slow wave of employees will return over the summer and ramp up in the fall once new routines can be put in place,” she says. 

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WMRE Wire

A 120% Loss on Vegas Mall Triggers Payday on Icahn's Big Short

A loan tied to a beleaguered mall outside of Las Vegas realized a loss of 120% after the shopping center sold for about the same price as a condo.

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Fight Over Solar Subsidy Tests California's Climate Commitment

Multiple stakeholders claim the incentive makes solar cheaper for those who can already afford the systems, but drives up power bills for those who can’t.

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12 Must Reads for the CRE Industry Today

Amazon is mulling a push into building physical pharmacies, according to a report from Insider. The New York Times analyzes what’s driving a surge of industrial development in rural Pennsylvania. These are among today’s must reads from around the commercial real estate industry.

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