News
The Debt, the Deficit and Commercial Real Estate
Concerns about the federal debt are taking a back seat in the COVID-19 crisis. Paul Fiorilla of Yardi Matrix offers a deep dive into the implications for commercial real estate finance.
New York City’s Recovery: Can History Help Estimate the Timeline?
A Newmark Knight Frank report takes a close look at inflections and recoveries in the city’s office sector during previous periods of decline.
New York Retail Mogul Stanley Chera Dies at 78
The founder of Crown Acquisitions led his firm from humble beginnings to its present-day success as one of Manhattan’s major investors.
Prime Healthcare Rescues Los Angeles-Area Hospital
The U.S. Bankruptcy Court has approved the company’s $350 million acquisition of St. Francis Medical Center, a 384-bed hospital in Lynwood, Calif.
LaSalle Investment Closes $681M China Logistics Fund
The closing marks the company’s first logistics vehicle in China.
Marcus & Millichap Completes North Dallas MOB Deal
Philip Levy and Vincent Knipp facilitated the sale of the 5,000-square-foot asset in Farmers Branch, Texas.
American Landmark Properties Sells 2 Chicago Assets
American Landmark Properties Corp. has sold the Class A office assets for $24.1 million.
Big Lots Inks $725M Industrial Sale-Leaseback Deal
The discount retailer will sell four distribution centers totaling 7.5 million square feet and continue to occupy the properties under long-term agreements.
How Coronavirus Is Impacting Office Leasing
Industry veterans share insights into what’s ahead and what professionals can do in the meantime.
Virus Response Shutters 55% of U.S. Retail Space
Large-scale furloughs underscore the challenges in the industry as chains like T.J. Maxx temporarily close their doors.