U.S. hotel performance in the week ended Oct. 24 remained impacted by the coronavirus pandemic, with revenue per available room declining...
November 3, 2020
Hospitality
November 3, 2020
November 2, 2020
W.P. Carey Inc. Reports 2020 Third Quarter Results
W.P. Carey Inc. (NYSE: WPC) the sponsor of several nontraded REIT programs, announced its third quarter results on October 30, 2020. Among the results reported were...
October 30, 2020
Procaccianti Hotels Reduces Distributions for Q3 2020
On October 27, 2020, the board of directors (the “Board”) of Procaccianti Hotel REIT, Inc. (the “Company”) authorized the payment of distributions out of legally available...
October 27, 2020
US Hotel Occupancy Stays at 50% in Week Ended October 17 – STR
U.S. hotel occupancy in the week ended Oct. 17 remained level with the previous week at 50.1%, according to the latest weekly data from...
October 21, 2020
Commercial REITs for Small Investors See Increasing Demand
A new type of commercial real-estate fund that targets small investors is raking in money again after demand cooled during the early months of the...
October 21, 2020
CRE Investors: Funding Hurdles Will Be Too High for Some Asset Classes
One in four commercial real estate professionals believe some asset classes will no longer be eligible for funding as a result of the impacts of the COVID-19 pandemic, says Duff & Phelps after...
October 20, 2020
Offices, Hotels, and Restaurants Will Eventually Fill Back Up—But With Long-Term Structural Changes
With office closures, strict limits on restaurants, and drastically reduced foot traffic at retail shops and small businesses, the state of the commercial real estate market is a far cry from...
October 20, 2020
US Weekly Hotel Occupancy Hits 50%
U.S. hotel occupancy in the week ended October 10 reached 50% for just the second time since the low point of the coronavirus pandemic, according to...
October 12, 2020
CMBS Special Servicing Rates Surge: Trepp
The U.S. CMBS special servicing rate climbed to 10.48 percent, its highest point since May 2013, according to...
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