Retail bankruptcies on pace to rival 2010: report
It’s been a difficult year for retailers, and things may get worse before they get better: The number of...
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TikTok, savior of NYC’s office market, not yet banned in US
TikTok was granted a last-minute reprieve Sunday as a federal judge issued a preliminary injunction against the Trump administration’s...
Troubled commercial properties see values fall 27%: report
Commercial properties such as hotels and malls may have lost as much as a quarter of their value as...
Amazon grows HQ2 site near DC with hotel buy
Amazon’s massive HQ2 development outside Washington D.C. may be expanding. The e-commerce leviathan bought a Residence Inn by Marriott...
Mitsubishi unveils design for Japan’s tallest skyscraper
One of Japan’s largest developers has unveiled new renderings for what could become the country’s tallest building upon completion...
Opportunity Zone rule change seeks to entice foreign investors
Potential changes to the rules for Opportunity Zones could soon allow some foreign investors to reap major tax benefits...
Report: Office market won’t return to glory until 2025
The office market won’t reach pre-Covid levels until 2025, a brokerage report has found. The analysis by Cushman and...
Korean wave pours into U.S. commercial real estate
In April, as New York faced the darkest days of the coronavirus outbreak to date, the city’s biggest office...
Hotel industry is in trouble and more lenders want out
As hotels across the U.S. continue to suffer — average occupancy is just under 50 percent — an increasing...
Banks see CRE loans delinquencies hit 5-year high
The delinquency rate on bank’s commercial real estate loans is at its highest point since 2015. The overall delinquency...
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