Midwest

Original Midwestern region commercial real estate news & events for Chicago, Cincinnati, Cleveland, Columbus, Detroit, Indianapolis, Kansas City, Minneapolis St. Paul, and St. Louis; plus expert insights, commentary & analysis into secondary and tertiary regional and local markets.

Research

74% of CFOs Plan to Permanently Shift Some of Their Workforce to Remote Positions

Erika Morphy |

Also, 13% of respondents noted they had already made cost reductions in real estate expenses, with another 9% planning to take actions in this area in the coming months.
Features

Heitman Architects: Many Industrial Buildings Can Be Converted to Medical Product Production

John McCurry |

One problem: Even though construction of distribution centers are considered an essential business, companies supplying materials to sites are shutting down.
News

Phoenix Investors Acquires Former Continental Can Property in Pittsburgh Suburb

John Jordan |

The property, originally built for Continental Can Company, is currently 70% leased to more than 20 tenants. No financial terms of the transaction were disclosed. Senior mortgage financing was provided by AmeriServ Financial.

Features

Property Managers Debate Whether to Tell Residents About Coronavirus Infections

Erika Morphy |

Some property managers are taking the view that such disclosures only increase the stress among residents.
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.
Features

CARES Act is a “Game Changer” For One Real Estate Firm

Les Shaver |

By providing cash to residents and benefits to businesses, the Act can serve as a lifeline.
Features

SEC's Chief Accountant Relaxes Some Corporate Reporting Rules

Bernice Napach |

They include temporary suspension of GAAP standards for some loan modifications.
Commentary

Here are the Metros With the Most Employment Risk

Paul Fiorilla |

By the time all is said and done, every industry and region will be impacted by the dramatic decline in economic activity, though the impact will vary by metro.
Features

9 Ways the Coronavirus Could Affect ESG Investments

C.J. Marwitz |

In the wake of the volatility brought on because of the pandemic, investors will be asking a lot of hard questions about nonfinancial risk.
News

LTC Sells Preferred Care Portfolio for $78M

Erika Morphy |

The REIT plans to use the proceeds for future growth opportunities.

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Resources

The Four Success Pillars of Commercial Real Estate

From RealPage

These four pillars of success will help you leverage the strength of the CRE market in 2020; while navigating unexpected industry challenges to thrive and separate yourself from the competition.

Download Resource ›

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