As goes New York’s transit system, so goes its real estate. And the system is on the brink of...
September 1, 2020
Asset Manager News & Perspectives
September 1, 2020
September 1, 2020
US Hotel Occupancy in Week Ended August 22 Drops to 3-Week Low Amid Pandemic
U.S. hotels logged notable year-over-year declines in three key metrics for the week ended August 22 amid the coronavirus pandemic, with occupancy dropping to a three-week low...
September 1, 2020
Real Estate Market Crash Unlikely, Experts Say
As the COVID-19 pandemic made its way into the U.S. early this spring, wreaking havoc on the health-care system and almost paralyzing the entire economy, most industry specialists began...
September 1, 2020
The Legacy of Gerald Hines, Master Builder
Gerald D. Hines, the pioneering builder who died Sunday at the age of 95, changed skylines around the world and raised the bar for quality and style in commercial buildings. The founder...
September 1, 2020
Four CIM REITs to Merge
On August 30, 2020, four non-traded REITs sponsored by CIM Group agreed to merge in separate stock-for-stock...
September 1, 2020
Cottonwood Communities Reports Private Preferred Offering Sales
On November 8, 2019, Cottonwood Communities, Inc. (the "Company") launched a best-efforts private placement offering exempt from registration pursuant to...
September 1, 2020
Blackstone Real Estate Income Trust Leads Syndicate Investment in Tricon
Canadian rental housing company Tricon Residential Inc. said it is poised to receive a US$300 million preferred equity investment from a syndicate of investors led...
September 1, 2020
It Appears that Companies Really Do Plan to Reduce Their Office Footprints
Two companies, both major players in their respective industries, in recent days have indicated that they are shifting their workforce policies to...
August 31, 2020
Office Concessions Are Here But Maybe Not for Too Long
As pandemic-led pressures mount for office landlords, they are ramping up offers of free rent and larger tenant-improvement allowances to...
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