Commercial Real Estate Industry News
A collection of Commercial Real Estate latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Dime-Bridge a conventional deal in unconventional times
Dime Community Bancshares and Bridge Bancorp are sticking with a traditional playbook for their $489 million merger — despite the unconventional future all banks face. The companies will rely on a bigger branch network and more…
WATCH: Melissa Rein Lively Tears Masks Off Shelf at Scottsdale Target in Viral Video
Melissa Rein Lively is a Scottsdale public relations company founder who tore masks off a shelf at a Target store in Arizona. You can watch the viral video later in this article, but be aware that it contains profane language. The video shows…
Scotiabank Exits The Gold Market
We visited with Nick Barisheff, CEO of BMG Group, regarding Scotiabank's announcement they are getting out of the gold market. Scotiabank is the biggest of the Canadian banks in the gold market, handling four times the volume of the other banks…
Connecticut is putting out the welcome mat for New York companies that have grown tired of the city during the coronavirus pandemic
HARTFORD — As the coronavirus pandemic has reshuffled the economic landscape across the country, Connecticut is targeting small companies with top executives who may have grown tired of the long commute into Manhattan and instead are…
Building a greener future stretches Axa's alternatives chief
Isabelle Scemama likes a challenge. She was handed a thorny one in March during the market meltdown when she was promoted global head of alternatives at Axa Investment Managers. The €804bn asset management business owned by Axa, the…
Loan woes soar behind the scenes
Tick-tock, tick-tock, tick-tock. Then, some time after July 30, the alarm clock may blare as the region's courthouses might be hit with a wave of commercial foreclosure cases. That sums up the situation among some of Northeast Ohio's commercial…
Sugar Land 95 activist Reginald Moore dies at 60
The new dataset includes an interactive Flood Factor dashboard that anyone can use to assess the risk of flooding over a 30-year period for any address. Heading into the Fourth of July holiday weekend, Fort Bend County has seen a total of 3,999…
Revenge Doesn't Explain Rise in Chinese Property Prices
Real estate becomes a safe bet in uncertain times, and it's proving true in China after months of pent-up demand from the pandemic runs into an outlook still filled with uncertainty. The problem, as we've seen time and again, is that anyone hoping…
Daytona Beach News-Journal Online
Developers continue to plan a slew of projects along Daytona's LPGA corridor despite the coronavirus pandemic. Projects on both sides of Interstate 95 could bring more shops, eateries, hotels, homes, apartments and possibly a movie theater. Not to…
Fed Sees High Loan Losses at European Banks in Stress Tests: FT
(Bloomberg) -- Federal Reserve stress tests predicted large loan losses from European banks operating in the U.S. market, the Financial Times reported. The annual tests predict HSBC Holdings Plc and Banco Santander SA will have the biggest loss…
Mall and Hotel Loans Are Blowing up Commercial Mortgage-Backed Securities
The delinquency rate for Commercial Mortgage Backed Securities (CMBS) spiked by 317 basis points to 10.3% in June, after having spiked by 481 basis points in May, which had been the largest month-to-month spike in the data going back to 2009…
Property Prices Start Falling In India's Costliest Real Estate Market
Prospective homebuyers can bargain for a reduction in prices, besides flexible or deferred payment schedules, BloombergQuint found in its conversations with developers, brokers and consultants. Real estate companies were luring buyers with easy…
OUE C-Reit manager CEO aims to inspire people to new heights
American poet Maya Angelou once famously said, 'Make a mark on the world that can't be erased' - and banking and finance veteran Tan Shu Lin aspires to do just that. 'I would like to be a successful leader who inspires people to reach their fullest…
3 Years After Hurricane Harvey, Many Houston Homeowners Don't Know Who's At Risk Next
Doris Brown's walls used to be covered in photos of graduations and weddings, memorabilia not only of her life but of her eight siblings, who all grew up in her house in northeast Houston. She managed to save most of the pictures when Hurricane…
Microgrant program raises more than $50K for small businesses affected by COVID-19
Like other beauty salon owners, Birmania Hernandez had to shut down her business during the COVID-19 pandemic. “It was horrible,” she said. With no income coming in, she wondered how she'd purchase gloves, masks and other supplies to…
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