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11 Must Reads for the CRE Industry Today (May 28, 2020)

2020-05-27 22:23:00| National Real Estate Investor

The United States is facing a wave of evictions as government relief payments and legal protections run out for millions of out-of-work Americans, according to the The New York Times. The U.S. division of bakery chain Le Pain Quotidien filed for bankruptcy, reports the Wall Street Journal. These are among today's must reads from around the commercial real estate industry.

Tags: may today industry reads

Category: Real Estate
 

In a Post-COVID World, Office Landlords May Be More Willing to Offer Short-Term, Flexible Leases

2020-05-27 21:29:00| National Real Estate Investor

As corporate tenants figure out how much space they may need in the long term, office landlords have little choice but to be flexible.

Tags: to world office offer

Category: Real Estate
 

The Newfound Importance of Technology in Property Management

2020-05-27 18:50:00| National Real Estate Investor

A lot of property management technologies will go from nice to have to a minimum requirement in the next year.


Category: Real Estate
 

Tuesday Morning Files for Bankruptcy, Adding to Retail Toll

2020-05-27 18:09:00| National Real Estate Investor

The company plans to close about a third of its 687 stores.


Category: Real Estate
 

Poconos Water Park Shuttered by Pandemic Faces Mortgage Woes

2020-05-27 17:45:00| National Real Estate Investor

The closing of the Kalahari water park and resort triggered a default on a $347 million loan.


Category: Real Estate
 

12 Must Reads for the CRE Industry Today (May 27, 2020)

2020-05-26 21:52:00| National Real Estate Investor

McDonalds Corp. is facing a class-action lawsuit seeking compliance with health guidelines, reports Reuters. Construction work on a nine-story wooden mixed-use building continues in Cleveland, according to the Wall Street Journal. These are among todays must reads from around the commercial real estate industry.

Tags: may today industry reads

Category: Real Estate
 

Bank of America Staff Will Return to Office in Phases With 30 Days Notice

2020-05-26 18:32:00| National Real Estate Investor

The bank is planning to start returning its workforce to offices in phases.

Tags: with days office return

Category: Real Estate
 

Fitness Clubs Facing $10 Billion Revenue Hit as Members Flee

2020-05-26 18:16:00| National Real Estate Investor

A survey of 1,000 fitness club users showed more than a third have cancelled or plan to cancel their gym memberships.

Tags: members hit fitness clubs

Category: Real Estate
 

A J.C. Penney REIT Is an Odd Value Proposition in Todays Climate. But its Stores Could Attract a Wealthy Buyer

2020-05-26 17:06:00| National Real Estate Investor

Given unraveling retail rents, a J.C. Penney REIT might be a tough sell in this environment. But the chains stores might become a goldmine for Amazon.

Tags: its stores buyer odd

Category: Real Estate
 

Tools & Tactics the CRE Industry is Using to Reopen

2020-05-26 15:35:00| National Real Estate Investor

Americans are itching to get back to a sense of normalcy. Here are ways building owners and managers are making that happen safely.


Category: Real Estate
 

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