Urban office markets and other commercial real estate in major cities are experiencing their worst stretch in decades, upended by the pandemic, changes in work behavior and struggling city economies.
Bloomberg reports: The U.S. commercial real estate market is showing ever greater signs of stress, but there are still few deals to be had.
The world’s biggest real estate investors are sitting on piles of cash, preparing for once-in-a-lifetime opportunities created by the pandemic.
GlobeSt.com reports: The percentage of commercial real estate deals that fell apart in March rose sixfold from the average failure rate, according to a recent post by Real Capital Analytics. This weakness...
Bloomberg reports: New York City’s construction shutdown has derailed a $66 billion industry, increasing the risk on billions in loans issued to fund projects across the city.
The Wall Street Journal reports: A growing number of property investors are preparing for what they believe could be a once-in-a generation opportunity to buy distressed real-estate assets at bargain prices.
Bloomberg Businessweek reports: As stores from California to New York shut to slow the spread of the novel coronavirus, Amazon.com Inc.’s massive fulfillment centers are a hive of activity. Demand for...
Rent caps are starting to put pressure on apartment-building prices in the country’s most-expensive real estate markets.