Movie theaters, fitness studios and beauty salons continue to struggle, while drugstores, pet supply stores and supermarkets are keeping up with rent payments.
Some buyers that want to keep properties affordable are hoping to snap up assets that otherwise might be converted to market rate units if they fall into other investors' hands.
The number of coffee shops in the U.S. is shrinking for the first time in nine years. The winter could bring another wave in closures.
The median monthly rate for a studio apartment in the city fell by 31 percent year-over-year, compared to a 0.5 percent decline nationally.
Thousands of club owners are pleading with Congress for a financial lifeline until they can welcome music fans back.
David Bodamer talks to Brian Ward, CEO of Trimont Real Estate Advisors, about how COVID-19 has disrupted the industry in 2020.
Experts expect a “second storm” as forbearance periods expire and borrowers are forced to act.
October is often New York hotels’ busiest month. Last week, occupancy was hovering under 40 percent.
Provisions like these can help both landlords and tenants.
California Pizza Kitchen Inc. had to cancel an auction to sell itself this week after no buyers bid for the company.
