Buyers pulling the trigger on full-service hotels indicate confidence that business and convention travel will rebound in 2022. Blackstone Inc.’s big announcement last week that it was selling its
Commercial Real Estate Industry Optimism on the Rise
Surveys from a trio of prominent industry groups predict a surge in activity for balance of this year and 2022. Three prominent commercial real estate trade groups, along with
What CRE looks like after a pandemic
The light at the end of the tunnel may be in sight for the U.S. economy. As JPMorgan Chase Chairman and CEO Jamie Dimon detailed in his recent letter to
Florida CRE Gets Long-Sought Tax Break On Commercial Leases
Florida is trading one state tax for another as Gov. Ron DeSantis has signed a bill implementing a 6% sales tax on products purchased from out-of-state, online-only retailers and reducing
Medical Tenants’ Appetites for Retail Space Remains Robust
Shopping centers continue to appeal to medical clinics seeking to increase market exposure and accessibility. In spite of a brief slowdown caused by the COVID-19 pandemic last year, medical
When Will Private Equity Money Impact Commercial Real Estate?
Ron Dickerman traveled to San Francisco in the depths of the great financial crisis (GFC) to meet with a wealthy private investor, just one stop among many as he traversed
Restaurateurs with Cash Are Ready to Seize the Post-COVID Moment
Cash-strapped landlords are offering more concessions than ever, while vaccines offer the promise of a normal life. Bloomberg (Bloomberg)—In 2020, a record number of U.S. restaurants closed their doors for
Up to $28B in Distressed Retail Could Hit the Market in the Next 24 Months
So far, lenders have been open to loan workouts, but that won’t last forever, market sources warn. Patricia Kirk As the U.S. enters year two of the COVID-19 pandemic, strip
What Does Expanding Cannabis Legalization Mean for CRE Investors?
Marijuana legalization is expanding. That comes with both opportunities and challenges for commercial real estate investors. Patricia Kirk On Thurdsay, New York State lawmakers reached a deal with Governor Andrew
Some Retailers Are Opening New Stores. But Who Are They and What Do They Ask For?
There are retail tenants out there looking to expand by taking advantage of rent discounts and favorable lease structures. Patricia Kirk It is survival of the fittest in the retail universe, as