Globest Sectors

The company expects to break ground on the first phase of the 36-acre development in Cayce, SC in late 2021.

Further expanding its greater Philadelphia multifamily capital markets team, CBRE has hired Brad Megay to serve as an associate.

The Buccini/Pollin Group has acquired the 622-room hotel from Sunstone Hotel Investors; further expanding its lifestyle portfolio of Marriott-affiliated assets.

Walgreens Boots Alliance and VillageMD will open between 500 to 700 primary care offices in Walgreens' drug stores over the next five years.

"But with New York City having entered Phase 2 of reopening in late-June and pockets of New York State already in Phase 4, there are promising signs of a recovery in the second-half of the year," says Colliers' Franklin Wallach.

Right now, lenders are working through the initial issues with their borrowers.

While malls could be a good turnaround story, investors may have to wait a decade.

As millennials prepare to have children, the rental market needs to prepare with family-oriented developments.