Bankruptcy Sale: Incredible Opportunity for Users & Investors Versatile and Fully Functional Properties • Centrally Located • Income-Producing Industrial RTV Center in Jacksonville, TX with Tenant in place • Industrial Distribution Center in Jacksonville, TX • Freestanding Retail Building in Logan, WV (former Peebles location)
Check out NREI's latest High Net Worth Commercial Real Estate Investment Trends research. This year's study spotlights how HNWI allocations and approach to the sector has (and hasn't) changed in the wake of the COVID-19 pandemic. The survey was compiled from nearly 500 respondents in the commercial real estate sector, including a mix of owners, investors, brokers and analysts. Get unlimited access today for only $29.95.
New York’s rate of positive Covid-19 tests fell to the lowest since the pandemic began last week. Yet tourism is down, crime is up and as many as a third of the city’s small businesses may never reopen.
More than $54.3 billion in U.S. commercial mortgage backed securities have been transfered to loan workout specialists mostly because of payment delinquencies, a 320% increase since the start of the Covid-19 pandemic, according to Moody’s Investors Service.
Mutual funds took hundreds of millions of dollars in losses this spring on the American Dream project, reports the Wall Street Journal. Las Vegas strip casino revenue decreased 39 percent in July from a year ago, according to Bloomberg. These are among today’s must reads from around the commercial real estate industry.