CO Finance Forum: CBRE’s Spencer Levy on Where We Are and Where We’re Headed
Month: April 2020
Cuomo Decides to Shut Down Subway Trains for Overnight Disinfection
CO Conference: Midtown Landlords Prepare for ‘The New Abnormal’
Newsom: Some Calif. Businesses to Reopen Within ‘Weeks, Not Months’
Lawsuit Claims TPG REIT Stopped Funding Loan Last Month Due to Liquidity Issues
Port Authority Chief Says There’s 97 Percent Decrease in Airport Passengers
NYC Could Lose ‘Sizable Portion’ of Tech Startups Due to Coronavirus Pandemic
Global Workspace Providers Collaborate on Post-Shutdown Playbook
In This Week’s Issue: Bank OZK’s ‘Very Detailed’ Pandemic Plan
Q&A With Sabal: Mid-Sized Lenders Look to Strike Amid Shutdowns
Q&A: Savills’ Devon Munos Discusses Impact of COVID-19 on Northern Virginia Leasing
Home Decor Retailer At Home Opening Up First NYC Store in Queens
NYC Commits to 40 Miles of Open Streets in May, 100 Miles in Total
Westdale Secures $164M Construction Loan for Uber HQ in Dallas
Greystone Provides $33M HUD Construction Loan for NC Apartments
BID Funding to Aid National Landing Small Business Community
Latigo Group Secures $59M for Multifamily Project in Greater LA
ESRT ‘Will Aggressively Pursue’ Rent Collection From Tenants Who Can Pay
Lenders Position Themselves for Eventual Market Rebound on the Horizon
Industry Experts Discuss Fallout, Federal Response Now the Shoe Has Dropped
Lenders on Triaging Loan Portfolios, Getting From A to B With Borrowers
Comstock Signs Leading Podcast Platform to 10K SF in Reston Station
Private Equity Firms Head to One Vanderbilt, While Oak Hill Advisors Expands
Bridge Lender Archway Active in SoCal Despite Uncertain Landscape
Hotel Developer Picks Up Bankrupt Chinatown Mixed-Use Building for $29M
M&T Provides $25M on Second Phase of Connecticut Multifamily Project
City Council Unveils New Renter, Small Business Protections for Coronavirus Pandemic
No Makeup Date for This Year’s ICSC RECon in Vegas, Organizers Announce
Avison Young Cuts About a Dozen Staffers in Its Tri-State Office
Whole Foods, Trader Joe’s Take Big Hits in April While Suburban Grocers Hold Steady
Hunt Real Estate Capital Lends $25M on South Carolina Multifamily Buy
CMBS Loan on Staten Island Office Property Falls 30 Days Delinquent
84 Percent of Eligible Brooklyn Businesses Failed to Get Federal Loans, Survey Finds
ArborCrowd’s Adam Kaufman Talks Crowdfunding Caution During COVID-19
Legal Office Provider FirmVO Inks Tribeca Lease Near Courthouses
Borrower on CMBS Hotel Portfolio Loan Requests 18-Month Forbearance
Q&A: CREFC’s Justin Ailes Is the Lobbyist Par Excellence of the Finance Industry
‘There’s No Way to Sugarcoat This,’ Road to Recovery Will Be Long for California
Panera Bread, H&M, Foot Locker and Others Paying Zero in April Rent
WeWork’s Ex-CEO Neumann Plans to Sue SoftBank Over Golden Parachute
Larry Silverstein & Mayor’s Advisory Council Member Mary Ann Tighe Lead Virtual Forum
CMBS Borrower Relief Inquiries Continue to Climb, Requests Surpass $100B
Kaufman Astoria Studios Builds New Soundstages and Office Space
Designing Offices, Restaurants and Grocery Stores in the Age of Coronavirus
Clothing Retailer Abercrombie & Fitch Furloughs Nearly 1,200 NYC Workers
Pandemic Playbook: Guidance for Landlords and Tenants in the Coronavirus Era
Loan on The Distrikt Hotel in Midtown Sent to Special Servicing
Missing: The Tenants Who Have Up and Ghosted Their Landlords for April Rent
Wave of Hotel CMBS Portfolio Deals Begins Crashing Into Special Servicing
De Blasio Cuts NYC’s Budget by $2B to Withstand Coronavirus Pandemic
Adept Urban Snags $35M Construction Loan for Condo Development in Pasadena
Trump’s Opening the Country Council Includes Roster of His Real Estate Allies
AECOM, NYC DOB, Skanska and More Talk Creating Safe Jobsites Post-COVID-19
Rockport Provides $74M FHA Financing on NoLita Rental Building
US Retail Sales Plummet a Record 8.7 Percent Due to Coronavirus
CRC Supports Local Restaurants With Eat Local Stimulus Program
NYC to Spend $250M on Hotel Rooms for Patients and Health Workers
NKF Report: The Federal Government Can Help Save the DC Office Market
Ladder Capital Lends $23M on Upper Manhattan Multifamily Portfolio
Hidrock Gets $27M Ladder Capital Refi on West Chelsea Mixed-Use Development
Hunt Real Estate Capital Lends $27M on East Tennessee Multifamily Buy
Trump’s Manhattan Hotel Lays Off 70 Workers Due to Coronavirus
BLT Enterprises Acquires Hollywood Production Site and Creative Office
BH Properties Hires Former Fortress Exec, Targets Distressed Loan Purchases
NYC Real Estate Powerhouse Stanley Chera Dies From Coronavirus
Q&A: EastBanc’s Philippe Lanier Shares View of Georgetown Retail
Accounting Firm Friedman LLP Gets Trendy New Downtown Offices
The Kids in the Hall: Juggling CRE Business With Young Children
Managed by Q’s Staff Hit With Another Round of Layoffs Due to Coronavirus
Madison International’s Ron Dickerman on His Firm’s Holdings & COVID-19
Oakland Opens 74 Miles of Streets to Pedestrians and Cyclists
NYC Broker Confidence Hits Record Low Amidst Coronavirus Pandemic
NYC’s Industrial Market Poised to Weather the Coronavirus Storm
Waterbridge, Continental Equities Seeking $251M Loan for Downtown LA Project
CMBS Delinquencies Predicted to Reach Near “Great Recession Peak”
LA Pushes for Citywide Apartment Rent Freeze During Outbreak
God’s Love We Deliver Gets Free Temp Space in One Soho Square
Southern California Construction Continues Amid Coronavirus Scare
JV Including South Korean Investor Nabs $103M Loan on Chicago Resi Buy
State Legislators Aim to Prevent Evictions After Pandemic Ends
About One-Third of Apartment Renters in the U.S. Haven’t Paid Up This Month
Mesa West Capital Lends $34M on Austin Apartment Complex Acquisition
Bridge Investment Group Lends $22M on Maryland Multifamily Project
CARES Act ‘Insufficient to Restaurants Needs,’ Chef Tom Colicchio Says
Mayor’s Office Cancels Street Closure Pilot, Citing NYPD Concerns
Developers of Zero Irving Manage a Construction Shutdown and Leasing
PREA Survey: 67 Percent of Respondents Lost Deals Due to Coronavirus
Midtown Owners Talk Which Trends Will Survive COVID-19 During Virtual Forum
SL Green “Quietly Marketing” Retail Condo at 609 Fifth Avenue
Construction Shutdown Highlights Divide in Benefits, Pay Between Union and Non-Union
New York Passes $177B ‘Crisis Budget’ Despite Having ‘No Money’
Cortland Gets $340M Deutsche Bank Loan on $1.2B REIT Acquisition
Stay of Execution: COVID-19 Has Hotel CMBS Backed into a Corner
Silverstein’s Marty Burger to Reveal Coronavirus Diagnosis on CO Webinar
Industrious Makes Reductions to a Third of Its Workforce [Updated]
Investment Funds Bulk Up in Preparation for Crisis Opportunities
Centennial Bank Provides $51M Construction Loan for Bronx Mixed-Use Property
Bank OZK, EverWest Provide $305M in Construction Debt for Bronx Logistics Facility
JV Nabs $28M From Kearny Bank to Finance Manhattan Rental Portfolio
Former Eastern Consolidated Founders Get $30M From M&T on Upper Manhattan Resi Portfolio
Head of the MTA to Discuss Post-Coronavirus NYC Subway at Virtual Forum
Coronavirus’ Economic Impact to Be Most Felt in NYC’s Outer Boroughs
Gourmet Grocer Dean & Deluca Files for Bankruptcy With Plans to Come Back
Cushman & Wakefield’s David Bitner: DC Office Is the ‘Safer Ship in the Storm’