Carl Christie

05/21/2020

https://buff.ly/2TrIsPO

The Mall of America, the largest U.S. shopping center, missed two months of payments for a $1.4 billion commercial mortgage-backed security, the latest sign of the devastating impact of pandemic-related shutdowns on the retail industry.

05/21/2020

MULTI-FAMILY: State of the Market Video: CoStar's John Affleck Takes Stock of Coronavirus Shutdown Fallout

John Affleck, CoStar’s vice president of market analytics, said in a new webinar that demand for apartments will fall by about 50,000 units this year and vacancy, pegged at 6.7% now, will top 8% in coming months.

05/11/2020

To reopen safely, hospitalizations and deaths need to decline for 14 consecutive days, while testing capacity needs to increase to the point where less than 5 percent of tests come back positive.

05/04/2020

Large Massachusetts construction union tells members they can return to work
The other big development news of the week has to do with demand for all that under-development housing

The other big development news of the week has to do with demand for all that under-development housing.

05/04/2020

Feds Must Act ‘Quickly’ to Give Mortgage Servicers Liquidity https://buff.ly/35x4RAj

04/15/2020

Real-Estate Investors Eye Potential Bonanza in Distressed Sales
Coronavirus causes widespread stress in property assets

Coronavirus has caused widespread stress in property assets such as hotels, retail properties and mortgage-backed securities.

04/14/2020

Individual Investors Find Withdrawal Window Shut for Property Funds
Inability to cash out shares in nontraded REITs couldn’t come at a worse time for many small investors

Tens of thousands of individuals who poured money into real-estate funds aimed at small investors are now trying to pull cash out during this period of economic turmoil.

04/14/2020

JPMorgan Prepares for Wave of Defaults Linked to Coronavirus Shutdown
First-quarter results in New York bank’s consumer unit fall sharply, while trading revenue rises

The largest U.S. bank, bracing for a severe recession, set aside another $6.8 billion to cover potential losses on loans to consumers and companies struggling to stay afloat during the coronavirus shutdown.

04/14/2020

How to Make Sense of This Crazy Market? Look to the Numbers.
Investors who rely on technical analysis see more pain to come in the stock market

Stock investors are beginning to act like the worst is over in the coronavirus-fueled market rout. Those who rely on technical indicators such as moving averages beg to differ.

04/14/2020

Landlords, Companies Clash Over Rent Payments During Coronavirus
Dick’s Sporting Goods, Staples, Petco among the big companies that haven’t paid all or some of April rent

Mall and shopping-center owners are compiling a blacklist of large, usually financially stable tenants that haven’t paid their April rent.

04/14/2020

Local Investment Firm Buys Suburban Boston Apartment Complex
True North Capital Partners Sells Waltham Overlook for $73.6 Million

04/13/2020

Coronavirus Stalls Hines Global REIT's $4.3 Billion Property Sales Plan
Houston Developer's Affiliate Faces IRS Deadline to Sell Eight US, UK, Poland and Russia Properties