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News

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

John Jordan | March 30, 2020

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.

Features

What Can Employers Ask and Disclose About the Coronavirus? EEOC Has Answers.

Allison Bell | March 30, 2020

The federal agency has posted a 45-minute webinar responding to a range of inquiries about privacy and disclosure, national origin and age discrimination, pregnant employees and other matters.

Commentary

Force Majeure Does Not Automatically Mean You Can Cancel a Deal

Erika Morphy | March 30, 2020

There are strong arguments that businesses should not be able to use a force majeure argument to throw away their contracts, write attorneys Ian Lis and Eli Gordon.

Deadline Approaching for CRE's Industrial Influencers

Ingrid Tunberg | March 30, 2020

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

Features

Coronavirus Could Push Jacksonville Into Becoming a Life Science Cluster

Erika Morphy | March 30, 2020

Colliers' Michael Brown cites land availability, transportation infrastructure and science coming out of the region's universities.

Features

Office Leasing Abruptly Slows in Atlanta

Erika Morphy | March 30, 2020

"The consistent message out there is everything is waiting for that shoe to drop on April 1."

News

Retail Landlords Brace for Missed Rent Payments

Erika Morphy | March 30, 2020

Taubman Centers has sent a letter to tenants informing them that they have to make their payments on time.

News

Chicago Industrial Spec Numbers Impressive in First Quarter; Future Uncertain Due to Coronavirus

John Jordan | March 30, 2020

"This suggests the average lease-up time for new speculative product following delivery in Chicago's industrial market is longer than other markets. This lease-up time will likely be extended further by the Coronavirus pandemic and ensuing economic response," Colliers states.