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SEPTEMBER 15, 2020

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Office

Larry Silverstein Has Seen New York Bounce Back from Unimaginable Disaster. He Believes It Will Do So Again.

By Patricia Kirk, Contributing Writer

Saying New York City won’t recover from the pandemic “is nonsense and sells New Yorkers short,” says the man who helped rebuild the World Trade Center.

FULL ARTICLE

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Analysis

Finance & Investment

CMBS Investors Likely to Get Dinged by Non-Recourse Loans

By Beth Mattson-Teig, Contributing Writer

A key feature of how CMBS loans are structured is proving troublesome during the COVID-19 recession.

FULL ARTICLE

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Podcast

Real Estate Services

NREI's Common Area: CREW's Study on Gender and Diversity

By NREI Staff

In this episode of the Common Area podcast, CREW Network CEO Wendy Mann discusses the findings of the group's latest benchmark study on gender and diversity in commercial real estate.

LISTEN HERE

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NREI Wire

Office

At JPMorgan, Productivity Falls for Younger Employees at Home

Bloomberg

A troubling pattern emerged as most of JPMorgan Chase & Co.’s employees worked from home to stem the spread of Covid-19: productivity slipped.

FULL ARTICLE

Alternative Properties

Blackstone to Boost Mobile-Home Bet With $550 Million Deal

Bloomberg

Blackstone Group Inc. is pouring more cash into mobile-home parks, a corner of the commercial real estate market that is holding up in the pandemic.

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11 Must Reads for the CRE Industry Today

By NREI Staff

The parent company of New York Sports Clubs has filed for bankruptcy, reports the Wall Street Journal. Amazon plans to hire 100,000 more workers to keep pace with e-commerce demand, according to Reuters. These are among today’s must reads from around the commercial real estate industry.

FULL ARTICLE