CRE Wire

The $1.9 trillion rescue bill that Congress is due to approve this week includes $86 billion to help support multiemployer pension plans, reports the New York Times. California has cleared theme parks and sports venues to reopen at reduced...

Burlington Stores and Saks Fifth Avenue each announced changes to their retail strategies. Commercial Observer looks at whether recent scandals surrounding New York Gov. Andrew Cuomo have implications for real estate. These are among today’s must...

New York real estate professionals are turning to the social media app to find tenants.

Heavily shorted Tanger Factory Outlet Centers stock briefly surged 20 percent on Thursday before retreating, reports CNBC. CoStar Group has withdrawn its bid to acquire CoreLogic. These are among today’s must reads from around the commercial real...

The REIT, which owns about 100 malls throughout the U.S., is getting ready for a bankruptcy filing as time runs out to avoid loan default.

The company will provide the equivalent of four hours pay to hotel workers who complete vaccinations.

Declining property values, and the resulting drop in taxes, are threatening to blow a hole in state and local budgets, reports the New York Times. Sands is selling its Las Vegas properties in a $6.3 billion deal, according to the Wall Street...

New York officials charged a $105 million find to hedge fund Sandell Asset Management for faking a move to Florida.

The company is working with prospective buyers to make no-contingency cash offers that often win out over similarly priced bids.

An infrastructure bill is likely to cause challenges for President Biden, according to The New York Times. The Wall Street Journal looks at a company that tries to turn home rental tenants into homeowners. These are among today’s must reads from...