Drawn by the opportunity to invest with private equity firms, small investors rushed into real estate investment trusts. But the funds have lost some appeal as interest rates have climbed.
Category: Real Estate (Commercial)
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Can Free Rent Revive Downtown San Francisco?
The city, which is among those most devastated in the country after the pandemic, is trying to lure businesses back with a free-rent period.
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How Beverly Nguyen Made a Name in NYC’s Fashion and Culture Scenes
Beverly Nguyen, a stylist, editor and merchant, has become a new soft power broker in New York.
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Empty Churches Are Being Turned Into Restaurants and Malls
With vaulted ceilings and stained glass windows, the architectural features of churches have become huge draws for business owners.
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Celebrities Support Plan to Reopen Upper West Side Movie Theater
Martin Scorsese, Ethan Hawke and John Turturro are all listed as advisers to a new proposal to buy the former Metro Theater, which closed in 2005.
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Before Paris, London Showed How the Olympics Could Be Sustainable
Paris aims to be the most sustainable Olympic Games in history, but it was London over a decade ago that proved host cities didn’t have to end up with empty stadiums in disrepair long after the Games were over.
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Small Banks Say Their Commercial Real Estate Loans Are Fine
Community banks are big commercial real-estate lenders. But they say their loans are to sturdy local businesses, not those facing vacant office space.
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Motels Are Having a Moment
What’s old is new again, and the humble roadside motel that an older generation might dismiss as outmoded is appealing to a new group of younger fans attracted to hit-the-road adventures.
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China’s Economy Slows as Housing Troubles Squeeze Spending
After a strong start to the year, spending has weakened as a real estate downturn weighs on consumers and companies. Communist Party leaders are meeting this week to discuss what to do about it.
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Apartments Could Be the Next Real Estate Business to Struggle
Owners of some rental buildings are starting to struggle because of rising interest rates and waning demand in some once booming Sun Belt cities.
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Trump Organization Signs Contract for New Middle East Tower
The residential high-rise tower in Jeddah is the latest of several developments that the former president’s company has planned for the Middle East.
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Walgreens Plans ‘Significant’ Store Closures, Citing Weak Consumer Spending
The pharmacy giant told investors that shaky consumer spending was affecting its retail operations. But some said the company’s strategy was also to blame.