The CMBS BBB bond market could incur losses up to 64% under a bearish scenario.

The vaccine distribution, low interest rates and pent-up consumer demand all create a compelling reason to expect rapid recovery for shopping centers this year.

An affiliate of the Green Cities Co. purchased the 295-unit property as a stable investment opportunity given its proven track record and potential value-add opportunities, says a source involved in the deal.

Remote work has allowed people to leave cities in favor of more affordable areas.