It may be months before buyers and sellers understand what apartment properties are worth in an economy hobbled by the spread of the novel coronavirus.
The coronavirus, especially lethal to the elderly, is pushing a growing number of retirement communities into financial turmoil and fueling distress in the municipal bonds that financed them.
Industrious, a workplace provider that counts WeWork among its rivals, is taking steps toward an initial public offering, which could come as soon as next spring.
Ventas Inc. is cutting corporate positions and reducing executive salaries to maintain financial strength, reports Senior Housing News. More guidelines and strategies emerge for restaurants reopening in major cities. These are among today’s must reads from around the commercial real estate industry.
