News

Post-COVID-19, U.S. consumers are returning to malls, reports Simon Property Group. However many are seeking a suburban setting and purchasing moderately priced items as states lift their restrictions.

The NAIOP commercial real estate sentiment index has dropped to 45 for March 2020. This is the first time the index has fallen below 50 since it began in 2016.

It is also taking other strategies to push forward the concept of healthy buildings and a healthy workforce.

The conventional loan was made via the GSE's pre-stabilization program.

NYSBA is working with the state's Unified Court System and they have built a pro bono network that is already busy helping jobless New Yorkers who are denied unemployment benefits appeal their claims.

Connecticut-based Knighthead Funding LLC has announced it will loan $37.3M to help in the development of three multi-family projects in Michigan.

Carmel Partners' 11-acre Cumulus District will include a total of 1,210 apartment units, along with a flagship Whole Foods Market and 50,000 square feet of retail.

AIC Ventures purchased the asset and executed a long-term, absolute net lease with the seller.