NREI Weekender | |
Property Management | | | By Beth Mattson-Teig, Contributing Writer | April 1st has come and gone. Exact numbers are spotty, but commercial owners are reporting that some tenants have not yet paid rent for the month—including as many as 50 percent of small businesses. That’s pushing tenants and landlords to the bargaining table to negotiate rent relief terms. FULL ARTICLE |
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Alternative Properties | | By Bendix Anderson, Contributing Writer | The recovery hotel experts had hoped to see in June now seems more likely to potentially arrive in July or August. FULL ARTICLE |
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Alternative Properties | | By Sebastian Obando, Staff Writer | With the COVID-19 pandemic hitting nursing home operators hard, a bleak outlook looms over the seniors housing sector in the short- to medium-term, according to industry sources. FULL ARTICLE |
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Office | | By John Egan, Contributing Writer | It’s as if co-working giant WeWork absorbed the initial jolt of a 7.0-magnitude earthquake and continues to be rocked by aftershocks. FULL ARTICLE |
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Retail | | By Liz Wolf, Contributing Writer | Discretionary retailers are trying to use their online sales to make up for lost revenue. But not many people are buying clothes or handbags. FULL ARTICLE |
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Property Management | | By Sebastian Obando, Staff Writer | From enacting social distancing rules to changing renewal policies, most property management companies have an action plan in place. FULL ARTICLE |
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Finance & Investment | | By NREI Staff | In this episode of NREI's Common Area, David Bodamer speaks with Adam Hooper, the founder and CEO of RealCrowd. Listen Here |
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Alternative Properties | | By Beth Burnham Mace, Contributing Columnist | It’s the end of the world as we know it…and, no, unlike the lyric in the R.E.M song, I do not know anyone who is feeling fine…Uncertainty, fear, sense of disruption, anxiety, and a total lack of control are just a few of the sentiments many of us harbor these days. The rapid and indiscriminate spread of the COVID-19 pandemic has all of us on edge. We know that many of our fellow citizens are getting ill, and some are dying, and that the illness is more severe for our seniors. We also know that more than 3 million seniors live in seniors housing and skilled nursing properties. FULL ARTICLE |
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Property Management | | By Amanda Spain Wells | A tenant at your property has been confirmed to have the virus. How do you protect the rest of building residents, staff and vendors? FULL ARTICLE |
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| Bloomberg | Tenants of one of Wuhan’s largest malls are demanding rent cuts as a result of having no business during the shutdown. FULL ARTICLE |
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| By NREI Staff | The Wall Street Journal looks at commercial cleaners hired to sanitize malls, banks and restaurants that remain open during the pandemic. Walmart hires an additional 100,000 new employees to keep up with rising demand, reports CNBC. These are today's must reads from around the commercial real estate industry. FULL ARTICLE |
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