Will 2020 Be The Year Private Equity Piles In To Distressed Retail?

Private equity has been conspicuous by its absence in distressed retail real estate

Blackstone Cedes Control Of $1.1B Irish Shopping Mall

Value of the huge shopping centre has fallen below the level of the debt.

Compass Submits Confidential SEC Filing For Imminent IPO

Compass, the brokerage that used SoftBank-led venture capital to achieve rapid growth and a $6B-plus valuation, has filed for an IPO with the SEC.

The Biggest Funds Raised In 2020 Have $24B To Spend On Post-Pandemic Real Estate

Meet the funds with lots of money to spend.

Another UK Mall Portfolio In Receivership As Lenders Start To Pull Plug

Former Oaktree portfolio taken over by lenders.

Healthpeak Properties Pays $180M For 185K SF Alewife Campus

Healthpeak Properties scooped up a nine-parcel portfolio in the burgeoning Alewife lab market for $180M.

WashREIT Selling Office, Retail Holdings For Nearly $1B To Focus On Apartments

WashREIT reached a deal to sell a 12-asset office portfolio to a Brookfield Asset Management fund, and it signed a letter of intent to sell its retail portfolio

Developer Of Staten Island's Empire Outlets Hit With Foreclosure, To Lose Control Of Struggling Mall

A dozen tenants at the mall, which has been backed by tens of millions of dollars in government funds, closed during the pandemic.

Verizon Relocating Some Workers From Namesake Building To Essex Crossing

The service provider will move to Essex Crossing.

More Than Half Of Employers Anticipate Instituting A Vaccine Mandate This Year

With the Pfizer-BioNTech vaccine gaining full approval from the FDA, more companies are moving forward with mandating vaccines for office work.