National

A 21-year veteran of CBRE, Darcy Mackay rejoins the GWS enterprise after previously serving as president of its West division.

Having control of an anchor tenant makes a lot of sense if you want to remodel.

Banks with commercial construction loans in their portfolios took a hit as the COVID-19 pandemic forced developers to shut down or delay projects.

Taubman Centers shareholders overwhelmingly voted in favor of the company's merger agreement with Simon Property Group despite Simon's pending lawsuit seeking to terminate the deal.

COVID-19 has accelerated companies' acceptance of remote work, but social-distancing measures mean that they will continue to require roughly the same amount of office space.

Buying conditions improved in the second quarter among average workers in the US, although concerns over the pandemic may have an adverse effect in the coming months.

"If it is proven that some business functions can be run successfully through remote working, tenants may decide not to house such operations in their office space once we reach the new normal."

"For investors looking for exposure, we continue to favor stable, grocer anchored portfolios with positively trending rent collection statistics rather than trying to push further out the risk curve."