A dip in property values may drive away capital allocators as the future remains unclear, Aaron Appel, senior managing director at Walker Dunlop in New York, tells GlobeSt.com.

Real estate investment firms The Kaufman Organization and AXA Investment Managers have planted the flag in Midtown South, deploying $200 million in acquisitions, which include two office properties.

As the days of social isolation add up, tenants will seek rent relief and landlords will have to prepare on how to respond.

The Realty Advisory Board on Labor Relations (RAB) and service workers union 32BJ have reached an agreement on a package of protections and extended health benefits for residential and commercial building service workers during the current coronavirus pandemic.

The current economic landscape and public health crisis born from the coronavirus has spelled uncertainty for real estate investors across all asset classes, however, multifamily investors are strong in their belief that affordable housing will prevail.

A pair of mixed-use buildings in the Lenox Hill neighborhood of Manhattan's Upper East Side has changed hands. Located at 1364 and 1368 York Ave., the properties sold for $13.85 million. Jones Lang LaSalle represented the seller in the transaction.

Renters are flocking to the Hamptons upstate New York for cover from the coronavirus in the five boroughs, which appear to pose more risk for contraction because of the high-density neighborhoods, Eddie Shapiro, founder of brokerage firm Nest Seekers, tells GlobeSt.com.

Stakeholders across every real estate asset class are reviewing contractual obligations to assess risk and introduce clauses to limit exposure, citing force majeure, unforeseeable circumstances or events.