JULY 16, 2020

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Retail

What Goes Into Operating Drive-In Theaters in Retail Parking Lots

By Liz Wolf, Contributing Writer

As more drive-in movie theaters pop-up in parking lots of malls and big-box retailers, we look at how these partnerships work.

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Analysis

Multifamily

COVID-19 Creates a Tough Market for Condo Sales

By Bendix Anderson, Contributing Writer

In the last recession some for-sale condo developments were turned into rentals. Brokers say that's unlikely to happen in the current crisis.

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Podcast

Finance & Investment

NREI's Common Area: How Malls Are Being Used for More Than Just Shopping

By NREI Staff

In episode 39 of NREI's Common Area podcast, David Bodamer speaks with Lou Conforti, CEO of Washington Prime Group (WPG). WPG is a retail REIT and a recognized leader in the ownership, management, acquisition, and development of retail properties. Conforti talks about what he and the WPG team are doing to help their tenants continue operating their retail businesses during COVID-19.

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The coronavirus crisis has exposed potential weaknesses tied to non-bank financial firms, including excessive leverage and interconnectedness.

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Blackstone to Shutter Real Estate Income Fund That Held CMBS

Bloomberg

The private equity firm is closing a fund that invested in CMBS loans.

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10 Must Reads for the CRE Industry Today

By NREI Staff

Close to 88 percent of apartment-renting households made a full or partial rent payment by July 13, according to The National Multifamily Housing Council. Despite an online boom, retailers are struggling with higher expenses related to upping their e-commerce operations, reports Reuters. These are among today’s must reads from around the commercial real estate industry.

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