As the China-born coronavirus outbreak continues to spread and claim more lives, commercial real estate professionals are pondering how the epidemic might affect publicly-traded U.S. REITs. There’s no firm consensus, so far, about the outbreak’s potential impact on the sector.
Around 150 professionals in the commercial real estate industry attended Ariel Property Advisor’s semi-annual Coffee & Cap Rates meeting at the Club 101 in New York City on Thursday. Here are the main takeaways from the event:
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Banks that financed rent-regulated apartment buildings in New York now face questions about the impact of new regulations, reports MarketWatch. Amazon plans to build its biggest tower in Bellevue, Wash., according to CNBC. These are among today’s must reads from around the commercial real estate industry.