{"id":1004430334,"date":"2020-05-04T04:28:07","date_gmt":"2020-05-04T12:28:07","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004430334"},"modified":"2021-05-20T23:35:16","modified_gmt":"2021-05-21T07:35:16","slug":"april-2020-must-reads-cpe","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/april-2020-must-reads-cpe\/","title":{"rendered":"CPE\u2019s April 2020 Must-Reads"},"content":{"rendered":"<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/CPEs-Must-Reads.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004372732\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/november-2019-must-reads-cpe\/cpes-must-reads\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/CPEs-Must-Reads.jpg\" data-orig-size=\"827,400\" 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=\"CPE&#8217;s Must-Reads\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/CPEs-Must-Reads.jpg?w=827\" class=\"wp-image-1004372732 size-full aligncenter\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/CPEs-Must-Reads.jpg\" alt=\"\" width=\"827\" height=\"400\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/CPEs-Must-Reads.jpg 827w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/CPEs-Must-Reads.jpg?resize=300,145 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/CPEs-Must-Reads.jpg?resize=768,371 768w\" sizes=\"auto, (max-width: 827px) 100vw, 827px\" \/><\/a>April was dominated by coronavirus-related news and analysis as the industry and the country made efforts to grapple with this new reality and predict what comes next. At the beginning of the month, the country was getting <a href=\"https:\/\/www.commercialsearch.com\/news\/us-braces-for-more-job-losses\/\">ready for more job losses<\/a>. Unemployment claims reached <a href=\"https:\/\/www.commercialsearch.com\/news\/unemployment-claims-hit-16-8m-in-3-weeks\/\">16.8 million in just three weeks<\/a>, the highest level on record. With the hospitality sector hit particularly hard compared to other industries\u2014<a href=\"https:\/\/www.commercialsearch.com\/news\/luxury-hotel-occupancy-under-10-at-q1s-close\/\">luxury hotel occupancy dropped under 10 percent<\/a> during the first quarter, we looked at <a href=\"https:\/\/www.commercialsearch.com\/news\/how-the-coronavirus-relief-bill-helps-hotels\/\">how the $2 trillion relief bill helps hotels<\/a>. With guestrooms empty as a result of the pandemic, the American Hotel and Lodging Association and a partnership of Hilton and American Express have introduced initiatives providing <a href=\"https:\/\/www.commercialsearch.com\/news\/frontline-workers-get-access-to-3m-hotel-guestrooms\/\">temporary housing for workers on the front lines<\/a> of the coronavirus, free of cost.<\/p>\n<p>The retail industry has also felt the burden of COVID-19, with <a href=\"https:\/\/www.commercialsearch.com\/news\/grocery-stores-pick-up-while-most-retail-slows-down\/\">sales down a record 8.7 percent<\/a> in March, according to Wells Fargo. Meanwhile, customers spent more at grocery stores than anywhere else for the first time ever. Measures meant to prevent the spread of the virus have translated into a temporary closure of multiple retail chains, with more than <a href=\"https:\/\/www.commercialsearch.com\/news\/virus-response-shutters-55-of-u-s-retail-space\/\">half of the total floorspace closed<\/a> across the country. In an interview with <em>CPE<\/em>, Capstone Advisors Founder &amp; President Alex Zikakis offered his insight into <a href=\"https:\/\/www.commercialsearch.com\/news\/what-retail-landlords-need-to-know-during-the-pandemic\/\">what retail landlords need to know during the pandemic<\/a>.<\/p>\n<p>Construction activity has also been heavily impacted by the coronavirus outbreak, with already high <a href=\"https:\/\/www.commercialsearch.com\/news\/construction-costs-continue-to-rise-in-2020\/\">development costs expected to rise further<\/a> in 2020, as municipalities are temporarily shutting down non-essential construction sites and preparing to order the construction of new medical facilities. Colliers International&#8217;s Greg Main-Baillie and Levine Kellogg Lehman Schneider + Grossman\u2019s Jason Kellogg discussed how the construction industry is likely to be <a href=\"https:\/\/www.commercialsearch.com\/news\/qa-how-is-covid-19-affecting-the-construction-industry\/\">affected by a slowdown in deliveries<\/a>.<\/p>\n<p>Meanwhile, Equinix and Singapore\u2019s sovereign wealth fund have agreed to form an initial <a href=\"https:\/\/www.commercialsearch.com\/news\/equinix-gic-to-form-1b-plus-data-center-jv\/\">joint venture worth more than $1 billion<\/a> to develop and operate data centers in Japan. Overall, the data center sector is expected to <a href=\"https:\/\/www.commercialsearch.com\/news\/coronavirus-brings-challenges-opportunities-to-data-centers\/\">weather the pandemic relatively well<\/a>, compared to the other industries.<\/p>\n<p>In non-coronavirus-related news, Paramount Group has signed a deal <a href=\"https:\/\/www.commercialsearch.com\/news\/paramount-group-to-sell-stake-in-2-4b-nyc-high-rise\/\">to sell a 10 percent interest<\/a> in a 2.5 million-square-foot Manhattan tower. Big Lots announced plans to sell its owned real estate portfolio in a <a href=\"https:\/\/www.commercialsearch.com\/news\/big-lots-inks-725m-industrial-sale-leaseback-deal\/\">sale-leaseback deal with Oak Street Real Estate Capital<\/a>. Blackstone Real Estate Partners Europe VI closed the <a href=\"https:\/\/www.commercialsearch.com\/news\/blackstone-closes-10-7b-european-fund\/\">largest-ever dedicated European real estate fund<\/a>.<\/p>\n<p>Here are <em>CPE<\/em>\u2019s must-reads for last month:<\/p>\n<h2>CPE\u2019s Coronavirus Coverage<\/h2>\n<div class=\"leading\">Check out our latest news updates, features and expert advice on the coronavirus outbreak and its effects on commercial real estate.<\/div>\n<p style=\"text-align: left;\"><a style=\"display: inline-block; padding: 5px 24px; border: 0; border-radius: 6px; font-weight: bold; letter-spacing: 0.0625em; text-transform: uppercase; background: #960505; color: #ffffff; text-decoration: none;\" href=\"https:\/\/www.commercialsearch.com\/news\/cpes-coronavirus-coverage\/\" rel=\"noopener\">READ MORE<\/a><\/p>\n<hr \/>\n<h2>Q&amp;A With CBRE\u2019s Brian Stoffers<\/h2>\n<div class=\"leading\">CBRE\u2019s global president of Debt &amp; Structured Finance weighs in on the capital markets&#8217; current environment and recent actions by the Fed.<\/div>\n<p style=\"text-align: left;\"><a style=\"display: inline-block; padding: 5px 24px; border: 0; border-radius: 6px; font-weight: bold; letter-spacing: 0.0625em; text-transform: uppercase; background: #960505; color: #ffffff; text-decoration: none;\" href=\"https:\/\/www.commercialsearch.com\/news\/qa-with-cbres-brian-stoffers\/\" rel=\"noopener\">READ MORE<\/a><\/p>\n<hr \/>\n<h2>CPE 100 Survey Reveals Sober Executive Outlook<\/h2>\n<div class=\"leading\">A poll of industry leaders shows that executives expect a long wait before normal business comes back.<\/div>\n<p style=\"text-align: left;\"><a style=\"display: inline-block; padding: 5px 24px; border: 0; border-radius: 6px; font-weight: bold; letter-spacing: 0.0625em; text-transform: uppercase; background: #960505; color: #ffffff; text-decoration: none;\" href=\"https:\/\/www.commercialsearch.com\/news\/cpe-100-survey-reveals-sober-executive-outlook\/\" rel=\"noopener\">READ MORE<\/a><\/p>\n<hr \/>\n<h2>Falling Oil Prices Could Squeeze Top Energy Markets<\/h2>\n<div class=\"leading\">\n<div class=\"leading\">The office sectors in several metros are likely to experience some pain, at least in the short term, experts say.<\/div>\n<\/div>\n<p style=\"text-align: left;\"><a style=\"display: inline-block; padding: 5px 24px; border: 0; border-radius: 6px; font-weight: bold; letter-spacing: 0.0625em; text-transform: uppercase; background: #960505; color: #ffffff; text-decoration: none;\" href=\"https:\/\/www.commercialsearch.com\/news\/oil-price-plunge-to-rattle-office-markets-in-energy-hubs\/\" rel=\"noopener\">READ MORE<\/a><\/p>\n<hr \/>\n<h2>The Debt, the Deficit and Commercial Real Estate<\/h2>\n<div class=\"leading\">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.<\/div>\n<p style=\"text-align: left;\"><a style=\"display: inline-block; padding: 5px 24px; border: 0; border-radius: 6px; font-weight: bold; letter-spacing: 0.0625em; text-transform: uppercase; background: #960505; color: #ffffff; text-decoration: none;\" href=\"https:\/\/www.commercialsearch.com\/news\/the-debt-the-deficit-and-commercial-real-estate\/\" rel=\"noopener\">READ MORE<\/a><\/p>\n<hr \/>\n<h2>2020 Leading Schools for Real Estate<\/h2>\n<div class=\"leading\">Real estate degree offerings continue to grow at colleges and universities across the nation, as the demand for specialized programs of study increases. Here are the 2020 CPE-MHN Leaders in Real Estate Education.<\/div>\n<p style=\"text-align: left;\"><a style=\"display: inline-block; padding: 5px 24px; border: 0; border-radius: 6px; font-weight: bold; letter-spacing: 0.0625em; text-transform: uppercase; background: #960505; color: #ffffff; text-decoration: none;\" href=\"https:\/\/www.commercialsearch.com\/news\/2020-leading-schools-for-real-estate\/\" rel=\"noopener\">READ MORE<\/a><\/p>\n<hr \/>\n<h2>How Coronavirus Is Impacting Office Leasing<\/h2>\n<div class=\"leading\">Industry veterans share insights into what\u2019s ahead and what professionals can do in the meantime.<\/div>\n<p style=\"text-align: left;\"><a style=\"display: inline-block; padding: 5px 24px; border: 0; border-radius: 6px; font-weight: bold; letter-spacing: 0.0625em; text-transform: uppercase; background: #960505; color: #ffffff; text-decoration: none;\" href=\"https:\/\/www.commercialsearch.com\/news\/how-coronavirus-is-impacting-office-leasing\/\" rel=\"noopener\">READ MORE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Catch up on our most important stories, interviews and analyses for last month.<\/p>\n","protected":false},"author":753,"featured_media":1004372732,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,22251,23891,21742],"tags":[48914],"class_list":["post-1004430334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-in-focus","category-national","category-latest","tag-mustreads"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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