Eight Must Reads for the CRE Industry (July 19, 2021)

#Lifestyle Wealth


  1. Kite Realty Group Trust and Retail Properties of America, Inc. Announce $7.5 Billion Strategic Merger “RPAI would merge into a subsidiary of KRG, with KRG continuing as the surviving public company. The strategic transaction joins together two high-quality portfolios with complementary geographic footprints creating a top five shopping center REIT by enterprise value. The combined company is expected to have an equity market capitalization of approximately $4.6 billion and a total enterprise value of approximately $7.5 billion upon the closing of the transaction.” (Via press release)
  2. Trump’s Business Hauled In $2.4 Billion During Four Years He Served As President “An analysis of documents, some of which only became public in recent weeks, shows just how much Trump’s businesses raked in while he was in office. Dig through everything—including property records, ethics disclosures, debt documents and securities filings—and you’ll find about $2.4 billion of revenue from January 2017 to December 2020.” (Forbes)
  3. Institutions Shift Billions Into New Real Estate Sectors From Uncertain Office Market “Multifamily and industrial have been two of the hottest targets, as the property types have performed well during the pandemic, but as those sectors become flush with cash, investors are looking toward alternative sectors such as life sciences, medical office and data centers.” (Bisnow)
  4. The Delta Variant is on the Move So How Confident Is CRE Now in the Recovery? “Despite this progress, the new Delta variant is speeding across the country and even leaving dead some who were supposedly protected. That raises the question of whether the assumptions earlier this year of an economic rebound—some even predicted a super bounce—were premature.” (GlobeSt.com)
  5. The We That Didn’t Work at WeWork “The high profile immolation of the country’s most valuable startup was caused by an array of factors including loose corporate governance, loose money and a financial sector thirsty for founders promising vision and innovation. But playing a starring role in WeWork’s rise and fall was the relationship between the two entrepreneurs, Mr. Son and Mr. Neumann. The pair often relied on erratic decision making as they made highly consequential decisions with billions of dollars—decisions that ultimately paved the way for WeWork’s implosion.” (The Wall Street Journal)
  6. NYC Retail Market Warms Up, But Available Space Hits Record High “Available space jumped from 275 spaces in the first quarter to 290 in the second quarter throughout the 16 prime retail corridors tracked by CBRE. The average retail asking rent for those corridors dropped less than one percent since the first quarter, to $615 per square foot — the 15th quarter in a row it dropped.” (Commercial Observer)
  7. I went to American Dream, the behemoth New Jersey mall with 2 theme parks and ski slope, and saw the devastating effects of the pandemic on retail “But it wasn't that the mall was empty. American Dream is so massive that it just seemed empty by comparison. There are around 100 stores and retailers at present, around a third of the mall's capacity.” (Insider)
  8. The Pain of the Never-Ending Work Check-In “In an April survey from meeting scheduling tool Doodle, 69% of 1,000 full-time remote workers said their meetings had increased since the pandemic started, with 56% reporting that their swamped calendars were hurting their job performance.” (The Wall Street Journal)

https://www.wealthmanagement.com/cre-wire/eight-must-reads-cre-industry-july-19-2021

PropellerAds

To Find More Information, Go To Saubio Digital And Look Up Any Topic

Please follow and like us: Share This Post




Take a look at our comprehensive guide to the best and most popular information ebooks and products available today on Detoxing, Colon Cleansing, Weight Loss and Dating and Romance. They are all in one spot, easy to find and compere to make a quick selection for the product that best fits your needs or wants.

So browse through a category and make your  preferred selection and come back here to read  more choice articles and get a few more helpful tips on ways to help your enhancement.



Detoxing Reviews

Best Body Detoxification Guides & reviews





Colon Cleanse Reviews

Best Colon Cleanse Guides & Reviews





Weight Loss Ebook Reviews

Weight loss products really work! Click here





Dating and Romance Ebook Reviews

Looking for Dating Guides? Click here





Free Traffic System - Increase Targeted Website Traffic with Free Unlimited One Way Links

As an Amazon Associate I earn from qualifying purchases. “saubiosaubiosuccess.com is a participant in third party affiliate and advertising programs; The Amazon Services LLC Associates Program, Awin network, and other affiliate advertising programs are designed to provide a means for sites to earn advertising fees and commissions by advertising and linking to products on other sites and on Amazon.com. Amazon and the Amazon logo are trademarks of Amazon.com, Inc, or its affiliates.”

Leave a Reply

Your email address will not be published. Required fields are marked *


Saubio's Guide & Tools