Kimco Realty announced it has reached an agreement to purchase RPT Realty in an all-stock deal valued at $2 billion. Wall Street funds that backed WeWork are discussing how to handle the firm’s potential bankruptcy, reports The Wall Street Journal...
The AIA/Deltek Architecture Billings Index reported stable conditions for July of this year. WeWork has been assembling a team of consultants, including lawyers and real estate advisors, to avoid bankruptcy, reported Bisnow. These are among today...
Mark Pasierb, newly appointed president of Kingbird Investment Management, talks about how the current market might be a good time for those willing to work with distressed situations.
Rent growth is holding up much better for mid-market apartments vs. luxury units, reported CoStar. The Wall Street Journal looks at disappearing U.S. nursing homes. These are among today’s must reads from around the commercial real estate industry.