Global CRE Investment

Features

Some Investors Push Back Disposition Plans

Kelsi Maree Borland |

Owners planning to sell assets this year have pushed plans back as part of a strategic shift to respond the pandemic.

Webcast

Prologis Says Inventory Will Increase Due to Coronavirus Woes

Lisa Brown |

Inventories will be 5 to 10% higher when the crisis is over, which will cause the growth rate to change or perhaps double in four to five years, and the lessons learned will lead to more manufacturing in the Americas.

News

All Sears Stores Closed At Least Through April 30

John Jordan |

Sears.com, distribution centers and customer care operations will remain open and Sears Home Services will continue to repair essential appliances.

California Among the States Least Economically Vulnerable to Coronavirus

Kelsi Maree Borland |

The state ranks 50 of 51 on a list of the states in the US most exposed to the impacts of coronavirus.

Features

US Housing Deficit Could Grow Due to Coronavirus

Kelsi Maree Borland |

The economic disruption could amplify anxieties about homeownership for millennials.

News

Industrial Logistics Properties Trust Completes Last Deal in $680M Joint Venture

John Jordan |

The Asian investor contributed approximately $26 million for the 12th property in addition to the approximately $82 million contributed for the initial 11 properties last month.

News

Here We Go Again: Mack-Cali, Bow Street Spar Over Board Nominations

John Jordan |

Katz and Shainker also denied Mack-Cali’s earlier statement that Bow Street was seeking a “fire sale” of the company after it called for the removal of Mack-Cali CEO Michael DeMarco in a letter to shareholders last month.

San Diego a Top Market for Overleveraged Mortgage Debt

Kelsi Maree Borland |

The city ranks in the top 11% for overleverage mortgage debt with an overleveraged score in the 89th percentile.

News

Service Properties Cuts $100M From Capital Program; Planned Hotel Sales Delayed Due to Coronavirus

John Jordan |

In addition, the REIT states that several planned portfolio sales will likely be delayed until later this year or next year due to the lack of financing available for hotel transactions.

Deadline Approaching for CRE’s Industrial Influencers

Ingrid Tunberg |

Submit your nomination for GlobeSt. Real Estate Forum’s next influencer series before the fast-approaching deadline of April 3rd.