New real estate opportunity brewing as some Americans opt to rent, CEO says

Sam Zell, the billionaire real-estate mogul behind Equity Group, says we could be looking at "a 25% reduction in our standard of living.".....»»

The coronavirus pandemic has challenged the prosperity of Chicago’s downtown. The unprecedented times also have hit neighborhoods hard and brought a rare opportunity to reverse the decades-old trend of disinvestment on the city’s South and West s.....»»

Winnie Ward, an attorney who specializes in commercial real estate, answered some questions affecting commercial landlords and tenants as May rents are due......»»

Real estate investment firm Bamboo Equity Partners is offering free rent at a few of its office buildings in Clayton and Sunset Hills to help small businesses during the pandemic......»»

The Real Estate Board of New York is calling for a minimum of a 2.4 percent increase on rent stabilized rents, claiming tha.....»»

Following last week’s initial claims number, more than 30 million Americans filed for unemployment benefits since the COVID-19 coronavirus crisis prompted the implementation of nation-wide stay-at-home orders. read more.....»»

Major city landlords are working with real estate and affordable-housing groups on a plan to help tenants pay their rent, Jeffrey Levine, chairman of Douglaston Development, told Crain's... To view the full story, click the title link......»»

Winnie Ward, a Sacramento attorney who specializes in commercial real estate, answered some questions affecting commercial landlords and tenants as May rents are due......»»

As the coronavirus continues to wreak havoc on the world’s population and the global economy, the commercial real estate industry faces its greatest challenge since the Great Recession. One of the most pressing issues for CRE professionals is the r.....»»

Force majeure — the literal meaning is a superior force — typically applies to a major event that prevents one party from fulfilling the terms of a contract, in the case of commercial real estate, a lease......»»

Major city landlords are working with real estate and affordable housing groups on a plan to help tenants pay their rent, chairman of Douglaston Development Jeff Levine told Crain's... To view the full story, click the title link......»»

Only half of Americans say now is a good time to buy a home, an all-time low as pessimism spreads with the c.....»»

SL Green Realty, a major New York landlord, lowered its guidance for 2020 as it faces economic disruption from the coronavirus outbreak. The real estate investment trust said funds from operations,... To view the full story, click the title link......»»

Tom Barrack said Friday that the U.S. property market is in chaos and still on the verge of collapse because the federal government and local authorities are allowing renters and homeowners to skip... To view the full story, click the title link......»»

The coronavirus economic shock has left Americans downbeat about stock investing even after the major market rebound off March lows. Americans say real estate is the best investment, according to Gallup......»»

Mack-Cali Realty Corp. , a real estate investment trust focused on waterfront office and reside.....»»

Developers who negotiated rent deferrals with tenants and put off mortgage payments owed to banks during the COVID-19 outbreak are now concerned about what will happen when those bills come due later this year......»»

The $1,200 stimulus checks the U.S. government is sending out to individuals may not cover as much as intended. A recent report from Seattle-based real estate broker Redfin looked at how much average rent and mortgage the $1,200 stimulus checks â€.....»»

WeWork has $40B of leases in long-term commitment. Robert Frank reports on the real estate companies with the biggest exposure to this new development. WeWork spaces remain open and is continuing to charge rent......»»

The spike in loan payments not accounted for serves as an early indicator for just how bad things could get for retail and lodging real estate, according to Trepp......»»