The once-popular drive-in movie theater is back in vogue as many U.S. movie theater chains remain closed due to the COVID-19 pandemic fallout. In those markets where theaters have reopened, the coronavirus fears may scare moviegoers away. Now new pop-up drive-ins… Read More
CIRE Weekly
REITs Show Strong Recovery as Economy Reopens
The REIT market showed strong signs of recovery as staggered reopenings occurred across the country in the second quarter, reversing more than half of the losses sustained in the first quarter. The FTSE Nareit All REITs Index, the most comprehensive U.S…. Read More
CRE’s Push for Renter & Retail Help in Next Stimulus
Commercial real estate leaders have been pushing to make sure the agreed-upon bill includes their priorities, such as providing support for renters & small businesses, ending the eviction moratorium and assisting building owners in implementing safety measures. Many priorities that… Read More
Impacts of Subchapter 5 of the Bankruptcy Code
Recent revisions to the U.S. Bankruptcy Code might open the door to headaches and heartaches for landlords that rent to small businesses. In August 2019, Congress created what’s known as Subchapter 5 of the Bankruptcy Code. Subchapter 5 is designed to… Read More
Biden to Change Tax Treatment of 1031 Exchanges
Joe Biden, the presumptive Democratic candidate for president, today unveiled a 10-year, $775 billion plan to fund universal childcare and in-home elder care that would be paid for by taxing real estate investors. During a live appearance in Delaware this… Read More
Walmart+ to Launch in July & Compete with Amazon Prime
Amazon may have a 15-year head start, but Walmart is close to finally unveiling its own membership program that it hopes will eventually become an alternative to Amazon Prime. Walmart had planned to launch a new subscription service in July… Read More
Walgreens to Open Doctor Offices in Drugstores
Walgreens Boots Alliance will soon have doctor offices inside of hundreds of its U.S. drugstores. The pharmacy chain said Wednesday it has struck a deal with VillageMD, which will staff and run the primary-care clinics. The companies said they will open… Read More
Wave of Rescue Capital Moves Ahead of Opportunistic Buyers
Rescue capital is hoping to beat opportunistic investors to the punch when it comes to providing needed liquidity to distressed commercial real estate. Although both groups are hoping to generate alpha returns, rescue capital aims to provide a shorter term… Read More
E-Commerce Boom = 1 Billion SF of Warehouse Demand
With online sales proliferating during the coronavirus pandemic, the U.S. is going to need more warehouses to store hoards of boxes and handle those orders. Holed up at home, and with many bricks-and-mortar stores temporarily shut, shoppers have turned to their computers… Read More
Biden Releases Economic Revival Plan
Presidential candidate Joe Biden has released a $700 billion “Made in All of America” plan to revive the U.S. economy. The plan calls for the federal government to spend $400 billion over four years on government purchasing of U.S.-made goods and… Read More