Most Read CRE News In July

Don't miss the top headlines commercial real estate executives have been reading in the month of July.

Capital Markets

June 30, 2023 U.S. Regulators Tell Lenders To Work With Stressed CRE Borrowers

Regulators are advising banks to make arrangements with eligible CRE borrowers who have been facing difficulties with their loan obligations.

July 7, 2023 How Special Servicers Handle Troubled CRE Loans This Cycle Will Be Different Than Past Downturns

Due to the increased interest rates, special servicers anticipate resolving loans that have matured quicker.

July 12, 2023 REIT Stocks Respond To News Long Sought By Real Estate Industry

The consumer price index experienced an increase of 3% from the previous June, which was positive news for REITs.

July 18, 2023 Starwood Defaults On $213M Atlanta Office Loan

Starwood Capital Group has yet to repay its $212.5M CMBS loan on Tower Place 100, an Atlanta-based office property.

July 19, 2023 Inside Nightingale Properties, The CRE Firm At The Center Of The Missing Millions

Nightingale raised over $60M via crowdfunding in Atlanta and Miami, but those funds have allegedly been misappropriated.

Office

July 6, 2023 Office Buildings Aren’t Selling, Not Even As Distressed Assets

Offices have experienced lower sales this year than in previous years. While distressed office assets have been substantially discounted, the price points have not attracted buyers.

July 10, 2023 JLL Wins Appeal In Dual Representation Lawsuit

The case between JLL and a D.C. landlord is regarding how to properly disclose dual representation.

Multifamily

July 12, 2023 More Multifamily Owners Are Discovering One Of The ‘Best-Kept Secrets’ Of U.S. Housing Policy

Through the Department of Housing and Urban Development’s Family Self-Sufficiency Program, families living in eligible affordable housing to reclaim their rent increase, which occurred due to a salary increase, and allocate it to an interest-earning savings account.

Land

July 10, 2023 Inside the Growing Real Estate Asset Class That’s A Favorite Of Bill Gates, The Mormon Church

Farmland has garnered attention for its resilience against inflation and for its lucrative ROI.

Retail

June 30, 2023 Walgreens To Close 450 Locations In U.S., UK In Cost-Cutting Push

Walgreens is set to shut down 300 stores in the UK as well as 150 stores in the U.S. with a goal of minimizing its spending.

Industrial

July 4, 2023 ‘Power Is The New Parking’: What Companies Want Most In Their Industrial Space Is Rapidly Shifting

Developers are exploring ways to bring tenants upgraded industrial properties that are built to last. This includes prioritizing sustainable efforts, such as parking for the eventual presence of electric vehicles.