“Given the investor caution, it does not look like we’re going to achieve our original top-tier pricing objective,” Steven Roth told investors.
Rescuing struggling malls will be unusually complicated because of byzantine webs of financing.
“We would definitely be interested,” MGM’s CEO James Stewart told investors on Monday.
The REIT sold a stake in the retail properties in 2019 and retained a 51 percent equity interest in the assets that were then valued at $5.6 billion.
The massive economic hit from COVID-19 has forced scores of U.S. companies into bankruptcy. Here are some with the most significant potential repercussions for commercial real estate.
The 343,528-sq.-ft. building has a long-time lease with the social media giant.
In London and Westminster, the center of Europe’s hedge fund industry, in-office staff numbers have been rising.
As the university plans another in-person semester, administrators say their experience shows that well-understood public health measures work.
As some cannabis tenants struggle, here’s how landlords can deal with their unique legal status.