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Retail bankruptcies are on pace to surpass those filed in 2010, while store closings have already passed those from 2019, according to a report (Getty)

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...

Retail bankruptcies on pace to rival 2010: report
A federal judge issued an injunction allowing TikTok to remain in app stores. The company recently signed a major office lease at One Five One in New York (Getty; iStock; Google Maps)

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...

TikTok, savior of NYC’s office market, not yet banned in US
The pandemic is leading to huge losses in value for hotels, malls and other commercial properties (iStock)

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...

Troubled commercial properties see values fall 27%: report
Blackstone's Frank Cohen and Amazon CEO Jeff Bezos with the HQ2 site (Getty; Blackstone; Google Maps)

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...

Amazon grows HQ2 site near DC with hotel buy
Rendering of the Tokyo Tokiwabashi project (Courtesy of Mitsubishi)

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...

Mitsubishi unveils design for Japan’s tallest skyscraper
Charles Rettig, Commissioner of the IRS (Getty)

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...

Opportunity Zone rule change seeks to entice foreign investors
The analysis predicts that office vacancies across the world will continue upward (iStock)

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...

Report: Office market won’t return to glory until 2025
Korean wave pours into U.S. commercial real estate

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...

Korean wave pours into U.S. commercial real estate
With about $23 billion of hotel-related CMBS loans in forbearance, more lenders are looking to offload those mortgages. (iStock)

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...

Hotel industry is in trouble and more lenders want out
(iStock)

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...

Banks see CRE loans delinquencies hit 5-year high
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