Skip navigation
homeless Venice Beach APU GOMES/AFP/Getty Images

Eight Must Reads for the CRE Industry Today (Aug. 3, 2021)

The Los Angeles Times look at the efforts to clear away homeless camps in Venice Beach. MSCI is buying real estate data firm Real Capital Analytics for $950 million, reports These are among today’s must reads from around the commercial real estate industry.

  1. Workplace Vaccine Mandates Reveal a Divide Among Workers “One fear that companies have with broad vaccine mandates is that they could drive away employees at a time when workers are already in short supply, especially in industries like retail and restaurants. At the same time, not requiring vaccines may make other groups of workers anxious and more likely to quit. ‘For Walmart, they have to weigh, I think which is a real concern about turnover, what the reputation would be to the frontline workers, against the value that they could parlay this into saying, ‘We’re a leader in public health now as a big employer,’’ said Peter Berg, a professor of employment relations at Michigan State University.” (The New York Times)
  2. NMHC Opposes Pate Push by Congress to Extend CDC’s Eviction Moratorium “The National Multifamily Housing Council (NMHC) has issued a statement in strong opposition to legislation being considered by Congress to create a national eviction moratorium through the end of the year. The legislation would extend the Centers for Disease Control and Prevention’s (CDC) residential eviction ban, which was created in September 2020 and extended three times before expiring on Saturday, Aug. 1. Some members of Congress are requesting the moratorium to be extended to Oct. 18.” (REBusiness Online)
  3. How L.A. Cleared Most Venice Beach Homeless Camps and Sheltered Many Unhoused People “After a month of intensive outreach, persuasion by police and park rangers, and painstaking separation of valuables from the jerry-built structures and furnishings, Robles and Moore were two of the roughly 200 campers who were removed from the famed half-mile stretch. All were offered someplace else to live — a few in apartments, many in private but temporary rooms in hotels, and a few in congregate shelters. Most took up the offer.” (Los Angeles Times)
  4. Wooden Buildings Reach for the Sky “Stockholm and its suburbs are filled with construction cranes these days, reflecting a growing population combined with a housing shortage. But few of its developments are as extensive as Hagastaden, just to the north of central Stockholm where it meets the neighboring municipality of Solna. Here, it looks as if an entirely new city is being built.” (The New York Times)
  5. MSCI to Buy Real Capital Analytics for $950M “In another sign of the ongoing consolidation in the commercial real estate information sector, MSCI Inc. has entered into a definitive agreement to acquire Real Capital Analytics for $950 million in cash. Founded in 2000, Real Capital Analytics is a private company that has built a strong reputation within the CRE community for aggregating transaction data and providing intelligence on market pricing, capital flows and investment trends.” (
  6. Nathan’s Famous Now Has More Than 220 Ghost Kitchens. An Exec Breaks Down Why the Chain Is Bucking the Trend by Opening Them in City Center Locations “Nathan's Famous says it's targeting densely-populated areas for its ghost kitchens to speed up delivery times and enable collection.” (Insider)
  7. Conde Nast Pays Back Rent at One WTC, Ending Standoff with Durst “Advance Publications began withholding rent in January, drawing criticism from Durst Organization chairman Douglas Durst, whose firm manages the building. A media insider speculated to the Post that Advance Publications backed down due to harm being done to its reputation. The feud became public last August, when it was reported that Conde Nast was in search of a new headquarters and wanted to leave 1 World Trade Center, despite a lease running to 2039. Condé Nast leased 21 floors at a favorable $60 per square foot beginning in 2011.” (The Real Deal)
  8. Equinox and SoulCycle to Require Proof of Vaccination for Customers, Employees “Equinox and its SoulCycle spinning studios are both set to require proof of vaccination for customers and employees alike, The Post has learned. The mandate will take effect in New York City in early September but will eventually cover all of the two chains’ locations around the world, according to the companies. Equinox, which owns SoulCycle, said it will accept physical vaccine cards, photos of vaccine cards or state-issued digital vaccine passes as proof.” (New York Post)
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.