{"id":1004400173,"date":"2020-03-16T05:44:25","date_gmt":"2020-03-16T13:44:25","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004400173"},"modified":"2020-03-18T06:18:50","modified_gmt":"2020-03-18T14:18:50","slug":"daily-reads-march-16-2020","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/daily-reads-march-16-2020\/","title":{"rendered":"DAILY READS: March 16, 2020"},"content":{"rendered":"<p class=\"entry-title title flipboard-title\"><strong>Commercial Real Estate in the Age of the COVID-19 Virus<\/strong><\/p>\n<p>&#8220;In&nbsp;IREM\u2019s webinar, they asked Steve Core the President of RiverRock Real Estate Group and Cindy Clare the Chief Operating Officer of Bell Partners, what their properties were doing to address COVID-19, and both of them stated that awareness and education were the very first steps in managing the situation.&#8221; <a href=\"https:\/\/www.propmodo.com\/commercial-real-estate-in-the-age-of-the-covid-19-virus\/\" target=\"_blank\" rel=\"nofollow noopener\">Read more<\/a><br \/>\n<em>Propmodo<\/em><\/p>\n<p class=\"title \"><strong>Report: Amazon to Acquire Lord &amp; Taylor Building in Billion Dollar Deal<\/strong><\/p>\n<p>&#8220;Most of Amazon\u2019s purchase price will reportedly go toward paying off $750 million in construction loans for WeWork, with the company and its co-founder Adam Neumann not profiting from the agreement.&#8221; <a href=\"https:\/\/chainstoreage.com\/report-amazon-acquire-lord-taylor-building-billion-dollar-deal\" target=\"_blank\" rel=\"nofollow noopener\">Read more<\/a><br \/>\n<em>Chain Store Age<\/em><\/p>\n<p><strong>Did the Coronavirus Just End the Apartment Boom? This Investor Thinks So.<\/strong><strong><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004400194\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/daily-reads-march-16-2020\/chicago-10\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Chicago.jpg\" data-orig-size=\"827,620\" 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=\"Chicago\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Chicago.jpg?w=827\" class=\"size-medium wp-image-1004400194 alignright\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Chicago.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Chicago.jpg 827w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Chicago.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Chicago.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/strong><\/p>\n<p>Worried about overpaying in a declining market, the Chicago-based real estate investor has \u201cindefinitely postponed\u201d the acquisitions eyed for three of its funds, Origin wrote in email to its investors this week. The firm pulled out of pending deals in Houston, Denver, Char lotte, N.C., Orlando, Fla., and Austin, Texas, said Origin Principal Michael Episcope. <a href=\"https:\/\/www.chicagobusiness.com\/commercial-real-estate\/did-coronavirus-just-end-apartment-boom-investor-thinks-so\" target=\"_blank\" rel=\"nofollow noopener\">Read more<\/a><br \/>\n<em>Crain&#8217;s Chicago<\/em><\/p>\n<p class=\"Lh(1.15) Fz(40px) Fz(36px)--modalMinWidth Mb(14px) Ff($ff-primary) Lts($lspacing-md) Fw($fweight) Fsm($fsmoothing) Fsmw($fsmoothing) Fsmm($fsmoothing) Wow(bw)\" data-reactid=\"4\"><strong>With Mortgage Rates at Record Lows, Banks and Brokers Scramble to Deal with Refinancing Rush<\/strong><\/p>\n<p>Wall Street investors buying up bonds and Treasury bills have caused mortgage rates to drop dramatically. The current rate for a 30-year fixed mortgage is 3.47 percent, a rate last seen in December 2012, when the European debt crisis drove rates down,&nbsp;according&nbsp;to the Mortgage Bankers Association, a national association representing the real estate finance industry. <a href=\"https:\/\/news.yahoo.com\/rates-record-lows-banks-brokers-192239054.html\" target=\"_blank\" rel=\"nofollow noopener\">Read more<\/a><br \/>\n<em>Yahoo Finance<\/em><\/p>\n<p><strong>Lenders Jittery, But Coronavirus Could Ultimately \u2018Catapult\u2019 Senior Housing M&amp;A<\/strong><\/p>\n<p>The senior housing mergers and acquisitions market continued to hum along as the first cases appeared in communities, and even if a temporary slowdown occurs as the crisis deepens, dealmaking could surge dramatically when the pandemic wanes.&nbsp; <a href=\"https:\/\/seniorhousingnews.com\/2020\/03\/15\/lenders-jittery-but-coronavirus-could-ultimately-catapult-senior-housing-ma\/\" target=\"_blank\" rel=\"nofollow noopener\">Read more<\/a><br \/>\n<em>Senior Housing News<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon buys a New York City landmark. Will coronavirus end the apartment boom? How are brokers handling the refinancing rush? 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":1004400194,"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-1004400173","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 v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>DAILY READS: March 16, 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-march-16-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DAILY READS: March 16, 2020\" \/>\n<meta property=\"og:description\" content=\"Amazon buys a New York City landmark. 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