{"id":1004395175,"date":"2020-02-26T06:17:25","date_gmt":"2020-02-26T14:17:25","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004395175"},"modified":"2020-02-28T06:36:52","modified_gmt":"2020-02-28T14:36:52","slug":"daily-reads-feb-26-2020","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/daily-reads-feb-26-2020\/","title":{"rendered":"DAILY READS: Feb. 26, 2020"},"content":{"rendered":"<p><strong>CRE-CLOs Continue to Mount a Comeback<\/strong><\/p>\n<p>&#8220;They\u2019re back! The market for commercial real estate collateralized loan obligations (CRE-CLOs) evaporated in the wake of the financial crisis. For years volumes in this part of the market chugged along with low levels of activity. But that all changed in 2018 with volume reaching nearly $14 billion, according to&nbsp;<em>Commercial Mortgage Alert<\/em>. &#8221; <a href=\"https:\/\/www.nreionline.com\/lending\/cre-clos-continue-mount-comeback\" target=\"_blank\" rel=\"nofollow noopener\">Read more<\/a><br \/>\n<em>National Real Estate Investor<\/em><\/p>\n<div class=\"css-1vkm6nb ehdk2mb0\">\n<p id=\"link-764f6d8f\" class=\"css-1s4ffep e1h9rw200\"><strong><span class=\"balancedHeadline\">A New York Issue That Unites Landlords and the N.A.A.C.P.<\/span><\/strong><\/p>\n<p>&#8220;(Mayor Bill) de Blasio agreed that the system was unfair, allowing million-dollar homes in Park Slope, Brooklyn, to be taxed less than far more modest properties near Kennedy Airport in Queens. He asked the developers to give him time to fix things, according to two people with direct knowledge of the October 2013 meeting.&#8221; <a href=\"https:\/\/www.nytimes.com\/2020\/02\/24\/nyregion\/property-tax-reform-nyc.html\" target=\"_blank\" rel=\"nofollow noopener\">Read more<\/a><br \/>\n<em>New York Times<\/em><\/p>\n<p class=\"headline\"><strong><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004395406\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/daily-reads-feb-26-2020\/downtownrichmond\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/DowntownRichmond.jpg\" data-orig-size=\"825,622\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"DowntownRichmond\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/DowntownRichmond.jpg?w=825\" class=\"size-medium wp-image-1004395406 alignright\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/DowntownRichmond.jpg\" alt=\"\" width=\"300\" height=\"226\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/DowntownRichmond.jpg 825w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/DowntownRichmond.jpg?resize=300,226 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/DowntownRichmond.jpg?resize=768,579 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Capital Square Launches CSRA\/GS Opportunity Zone V to Develop Mixed-Use Multifamily Community with Greystar in Richmond<\/strong><\/p>\n<p>&#8220;Established in 1901,&nbsp;<span class=\"xn-location\">Scott&#8217;s<\/span>&nbsp;Addition is a historic area that is now the&nbsp;<span class=\"xn-location\">City of Richmond&#8217;s<\/span>&nbsp;fastest growing neighborhood and the second-highest performing market with 97.6 percent occupancy, according to Yardi Matrix.&nbsp;<span class=\"xn-location\">Scott&#8217;s<\/span>&nbsp;Addition is a designated opportunity zone with a census tract that stretches across&nbsp;<span class=\"xn-org\">Virginia Commonwealth University<\/span>&nbsp;and the Carver neighborhood.&#8221; <a href=\"https:\/\/www.insidenova.com\/news\/state\/capital-square-launches-csra-gs-opportunity-zone-v-to-develop\/article_29ade657-b62b-5aaf-8afd-31a1effcb93a.html\" target=\"_blank\" rel=\"nofollow noopener\">Read more<\/a><br \/>\n<em>InsideNoVa.com<\/em><\/p>\n<p class=\"routes-Site-routes-Post-components-Post-components-PostTitle-___PostTitle__title\"><strong>Should San Francisco Tax Owners of Vacant Storefronts? Voters Set to Decide<\/strong><\/p>\n<p>&#8220;Under the measure, championed by Supervisor Aaron Peskin, property owners in the city\u2019s roughly 40&nbsp;neighborhood commercial districts\u2014including Union Street, Japantown and Haight Street\u2014would have to pay $250 per linear foot of ground-floor retail space that has sat vacant for more than 182 days. That tax would double to $500 the following year and $1,000 annually thereafter.&#8221; <a href=\"https:\/\/www.kqed.org\/news\/11803124\/should-san-francisco-tax-owners-of-vacant-storefronts-voters-decide-next-week\" target=\"_blank\" rel=\"nofollow noopener\">Read&nbsp; more<\/a><br \/>\n<em>KQED<\/em><\/p>\n<p class=\"single-header-title\"><strong>Fifth Wall closes $100M fund to bring online retailers into physical stores<\/strong><\/p>\n<p>\u201c&#8217;What these brands are realizing is that it is so hard to grow online,\u201d&nbsp;Brendan Wallace, founder of the Los Angeles-based Fifth Wall, told the (the Wall Street) Journal. &#8216;Amazon is the company that destroys brand differentiation rather than augments it.&#8217;\u201d<a href=\"https:\/\/therealdeal.com\/tristate\/2020\/02\/25\/fifth-wall-closes-100m-fund-to-bring-online-retailers-into-physical-stores\/?utm_source=internal&amp;utm_medium=widget&amp;utm_campaign=feature_posts\" target=\"_blank\" rel=\"nofollow noopener\"> Read<\/a> more<br \/>\n<em>The Real Deal<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Capital Square and Greystar start an OZ project. CLOs are on fire. Can SanFran owners be charged for vacant storefronts? Here&#8217;s a batch of other critical content for you to read, listen to or watch.<\/p>\n","protected":false},"author":1269,"featured_media":1004395406,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004395175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DAILY READS: Feb. 26, 2020 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/daily-reads-feb-26-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DAILY READS: Feb. 26, 2020\" \/>\n<meta property=\"og:description\" content=\"Capital Square and Greystar start an OZ project. 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