Top News for Real Estate Pros
With Billions Invested, Build-To-Rent Brings Changes to Apartment?Industry
Developers, construction companies — and even lenders — are discovering that built-to-rent single-family housing is an emerging asset class that brings a unique set of characteristics, prompting many to change the way they operate.
Macy’s Closings Could Raise Risk for Billions in CMBS Mall?Debt
Macy's store closings puts billions of dollars at risk, as the retailer anchors at least 80 malls that serve as collateral for about $24 billion in loans on the CMBS market, with about $3.6 billion in special servicing.
CP Group Bets on Tallest Building in Southeastern US, Even as Concerns About Offices?Persist
The tallest building in the Southeastern United States, Bank of America Plaza in Atlanta, has for years struggled with elevated vacancy rates and what some residents have called an outdated 1990s design.
Glassdoor 'Doubles Down' on Remote Work by Closing Remaining US?Offices
Glassdoor is "doubling down" its commitment to remote work by giving up two floors totaling 57,636 square feet at its former headquarters in San Francisco, along with nearly 70,000 square feet across two offices in Chicago.
Ribs With Your Pancakes? Applebee’s and IHOP Placed Under One Roof As Eateries Test?Formats
Dine Brands Global is looking to develop more dual-branded restaurants, blending some of its new Applebee’s and IHOP restaurants into one eatery under the same roof to save money on real estate and supplies while driving more sales.
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8 个月Macy's closures could hurt retail property values, affecting CMBS loans. Renovations at Bank of America Plaza might attract new tenants by making the building more appealing and raising rental rates, but success depends on market conditions.