National
Lord & Taylor to Close More Stores, Bringing Total to 24
The five additional department stores being liquidated are all located in Simon Property malls.
Stressed Out: Are Commercial Properties Close to Default?
To determine the potential for defaults and investment opportunities, Yardi Matrix analyzed loans from its multifamily and office property database and found prospective trouble spots over the short and long term.
Airbnb Files Confidential IPO Paperwork
The filing comes more than a month after the short-term rental giant reported an encouraging uptick in bookings.
EQT Infrastructure to Acquire EdgeConneX
An investor group led by Providence Equity Partners is selling the global data center provider, which has a presence on three continents and specializes in hyperscale and edge assets.
Amazon Unveils 6-City, $1.4B Office Expansion
The e-commerce giant says it will grow its footprint by more than 180,000 square feet across the country.
Construction Starts Decline in July, Dodge Finds
Dodge Data & Analytics found gains in the nonresidential and residential sectors mirror a general improvement in the economy.
Infill Logistics Demand to Last: Report
Pandemic-related changes to the supply chain and the need for more cold storage will continue to support demand for infill logistics space for the long haul, according to Elion Partners’ latest study.
Washington Prime Group Secures Amendments to Its Credit Facilities
Pressed like its retail sector peers by COVID-19 fallout, the company arranged covenant relief through the third quarter of next year.
Survey Closed: 2020 Top Developers Survey
Don’t miss out on the chance to participate in the 2020 Top Developers survey. The resulting ranking will be published in December.
CRE Transaction Activity Returning, CBRE Reports
CBRE’s new Deal Flow Indicator suggests a recovery from the low point of the pandemic as the number of signed confidentiality agreements increases.