Bank of America Staff Will Return to Office in Phases With 30 Days’ Notice
The bank is planning to start returning its workforce to offices in phases.
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Fitness Clubs Facing $10 Billion Revenue Hit as Members Flee
A survey of 1,000 fitness club users showed more than a third have cancelled or plan to cancel their gym memberships.
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10 Must Reads for the CRE Industry Today (May 23, 2020)
The Wall Street Journal looks at what it takes for businesses to operate during the pandemic. Bankruptcy filings are increasingly piling up, reports CNBC. These…
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Mack-Cali Board Minority Accuses Colleagues of Ignoring Concerns
Four board directors elected last year are arguing the board’s majority disregarded their concerns about the REIT’s strategic direction.
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The Health Science Behind Getting Outside
How the response to COVID-19 is driving demand for more outdoor space.
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11 Must Reads for the CRE Industry Today (May 22, 2020)
CNBC looks at what going back to the mall might look like. The commercial real estate sector in Houston is expected to be disrupted for…
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8 Local Hotels Part of Portfolio in Default
The hotels, located in the Sacramento, Calif. area, are part of a nationwide portfolio.
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Will Remote Working Spell the Demise of the Office Sector?
While some tech and banking firms are considering major shifts to permanent work-from-home policies, offices will still be around.
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Pricing Discovery Remains Elusive Amid Thin Deal Flow
A collapse in deal volume and uncertainty for property fundamentals have created a cloud of confusion about commercial real estate valuations.
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Biggest U.S. Mall Is Two Months Delinquent on $1.4 Billion Loan
The Mall of America missed two months of payments on a $1.4 billion CMBS loan.
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