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Seven Must Reads for the CRE Industry Today (Oct. 23, 2020)

2020-10-23 19:10:00| National Real Estate Investor

Median rent for apartments in Manhattan has reached its lowest point in nearly a decade, reports The New York Times. J.C. Penney filed a sale agreement with landlords Simon Property Group and Brookfield Asset Management after weeks of delays and negotiation, according to Retail Dive. These are among todays must reads from around the commercial real estate industry.

Tags: today oct industry reads

Category:Real Estate

America Doesnt Need So Many Gap Stores. Gap Agrees.: Sarah Halzack

2020-10-23 16:59:00| National Real Estate Investor

The company plans to close about 350 Gap and Banana Republic stores in North America by the end of 2023.


Category:Real Estate

Eight Must Reads for the CRE Industry Today (Oct. 23, 2020)

2020-10-22 21:37:00| National Real Estate Investor

The National Multifamily Housing Council rent payment tracker found 90.6 percent of apartment households made a full or partial rent payment by Oct. 20. Apartment REITs are seeing a surge in vacancies, reports the Washington Post. These are among todays must reads from around the commercial real estate industry.

Tags: today oct industry reads

Category:Real Estate

Howard Hughes Pitches $1.4 Billion Development Near NYC Seaport

2020-10-22 18:36:00| National Real Estate Investor

The developer wants to turn a parking lot at 250 Water Street into two mixed-use towers of affordable rentals, offices and condo units.

Tags: development howard billion nyc

Category:Real Estate

CRE Investors Show Growing Interest in Biolab Space

2020-10-22 18:26:00| National Real Estate Investor

Built-in safety protocols, growing venture capital funding and a degree of protection from the remote working option are all contributing to the sectors popularity.

Tags: show interest space growing

Category:Real Estate

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