National
CMBS special servicing rate declines in March
The rate of loans sent to special servicers continued to fall in March, showing signs of recovery in several...
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JLL explores sale of China property management wing
JLL is considering offloading one of its global businesses. The Chicago-based firm is exploring a sale of its China...
National
Dollar General thrives amid retail apocalypse
Don’t tell Dollar General that brick-and-mortar retail is dead. The retailer plans to open 1,050 new stores this year,...
National
Lee & Associates founder Bill Lee dies
Bill Lee, who founded the commercial real estate brokerage Lee & Associates, died on April 5 at the age of 78. His eponymous firm confirmed the news via an obituary on its website. The...
National
Mall vacancy rate hits all-time high
It’s not just office and residential landlords who need to worry about soaring vacancy rates. The vacancy rate for regional and superregional malls hit 11.4 percent in the first quarter of 2021, the highest...
National
Manhattan office market’s 25% drop is ominous sign for landlords
With offices shrinking in a post-Covid world, the world will never be the same for some landlords. The market...
National
Sonder considers going public via SPAC
Add hospitality startup Sonder to the list of companies getting in the SPAC game. The San Francisco-based firm, which leases apartments and turns them into furnished, short-term rentals, is in talks to go public...
National
These US real estate titans made Forbes’ 2021 billionaires list
The world minted new billionaires at a rate of one every 17 hours in 2020 — and some of...
National
Office landlords offer discounts to lock in leases
Office landlords in New York, Chicago and San Francisco could be taking a hit in the next few years...
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Amol Sarva trashes Newmark after ouster from Knotel
Knotel co-founder Amol Sarva took some shots at its new owner, Newmark, on his way out the door of...
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