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Five Must Reads for the CRE Industry Today (November 18, 2019)

2019-11-18 18:32:00| National Real Estate Investor

Blackstone closes on its joint venture with MGM Resorts for the Bellagio sale-leaseback transaction, reports Hotel Business. MarketWatch looks at the five things to know about the Federal Reserves mortgage bond buying. These are among todays must reads from around the commercial real estate industry.

Tags: november today industry reads

Category:Real Estate

Billionaires Steve Ballmer and James Dolan in Fight Over $1 Billion Arena

2019-11-18 18:07:00| National Real Estate Investor

The two billionaires are battling over a piece of real estate in the working-class neighborhood of Inglewood, southwest of downtown Los Angeles.

Tags: james steve fight billion

Category:Real Estate

Kushner Cos. Times Square Loan Heads for Workout Amid Rent Woes

2019-11-18 17:58:00| National Real Estate Investor

Kushner Cos. will have to renegotiate its $285 million loan after one of the retail tenants broke its lease.

Tags: times rent square loan

Category:Real Estate

Whats the Impact of Nearby Transit on Office and Multifamily Property Values?

2019-11-18 17:47:00| National Real Estate Investor

Being located near public transit can have a substantial impact on the value of office and apartment buildings.

Tags: office property values impact

Category:Real Estate

Self-Storage Investors Face Falling Rents due to High Competition

2019-11-18 17:25:00| National Real Estate Investor

As many markets become oversaturated with self-storage properties, investors are seeing falling rents.

Category:Real Estate

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