The Latest

Before the pandemic, national tenants paid 94 percent of rent. (Getty)
National

Retail rent collections rebound to 90%

 The pandemic has exacerbated the retail sector’s pre-existing problems, deteriorating rent collections and forcing landlords to make compromises with their tenants. But there were some encouraging signs as 2020 came to a close. Before...

Retail rent collections rebound to 90%
As companies leave Silicon Valley, Austin, Texas is becoming a top destination. (Getty)
National

Silicon Valley exodus: Where’d everyone go?

 As the pandemic rages across the U.S., it’s unclear when employees will be able to return to their offices....

Silicon Valley exodus: Where’d everyone go?
Alex Sapir (Getty)
New York

Former Sapir employee accuses company of retaliation

A former employee of the Sapir Organization claims her old boss retaliated against her after she failed to find...

Former Sapir employee accuses company of retaliation
229 West 43rd Street in New York and Two Westlake Park in Texas. New York and Texas are the states with the largest exposure to loans with appraisal reductions. (Photos via iStock; Google Maps; JLL)
National Insights

What appraisal reductions mean for future losses on CMBS loans

As delinquency rates for commercial mortgage-backed securities settle into a new normal after early pandemic chaos, other market metrics...

What appraisal reductions mean for future losses on CMBS loans
David Barclay (Getty; iStock)
National

David Barclay, British hotel titan, dies at 86

British billionaire David Barlcay, the co-founder of a business empire that includes retail, newspapers and some of the world’s...

David Barclay, British hotel titan, dies at 86
Sheldon Adelson and the Venetian in Las Vegas (Gettty)
National

Casino magnate Sheldon Adelson dies at 87

Billionaire Sheldon Adelson, who developed and operated casinos throughout Las Vegas and Asia and was a major donor to the Republican Party, died at 87. The cause was complications from lymphoma, the New York...

Casino magnate Sheldon Adelson dies at 87
JLL CEO Christian Ulbrich, Trump International Hotel in Washington DC and Donald Trump (Getty; Trump Hotels)
National

JLL backs out of selling Trump’s DC hotel

JLL has dropped its involvement with the effort to sell President Donald Trump’s Washington, D.C., hotel. The real estate brokerage is ‘“not going to be involved in selling that hotel,” a JLL spokesperson told...

JLL backs out of selling Trump’s DC hotel
(iStock)
National

Leisure and hospitality lost 500K jobs in December

The coronavirus continued to have disparate effects on real estate in December, with some sectors continuing to shrink while...

Leisure and hospitality lost 500K jobs in December
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