Dealmaking was supposed to be the name of the game at Information Management Network’s recent investment conference. The reality is that there are few deals to be made, despite an abundance of dry powder in the market. One industry veteran who co-led a panel at the event, IMN’s 19th Annual Winter ... READ MORE >
commercial real estate
Lessons from the American Dream mega-mall
What happens when a real estate investor does not look at changing consumer preferences when undertaking a new project? More often than not, it ends in disappointment, and lost money. One project that is heading down this path is New Jersey’s American Dream mega-mall. The unfinished property, which ... READ MORE >
The distressed real estate market that hasn’t materialized
Soon after the pandemic took hold last March and economic shutdowns ensued, real estate investors began gearing up for opportunities around distressed assets. Success stories of acquisitions following the Great Recession of 2008 were abundant, fueling expectations for a repeat. Now, a year into the ... READ MORE >
Death and taxes are the only certainties in a volatile Chicago office market
The Chicago real estate investment community is bracing for a rough winter as both commercial and residential owners prepare for property tax hikes as COVID-19 continues to present a significant threat. Compelled by what Chicago Mayor Lori Lightfoot characterized as a “the hikes come as the city’s tax ... READ MORE >
An SOS for commercial real estate
As the length and severity of the coronavirus pandemic continue to wreak havoc on the economy, real estate deals are at best being reworked and at worst falling apart altogether. The data tells a clear story: Transactions are down almost 70% in the second quarter, according to Real Capital ... READ MORE >
Is brick and mortar dead? This time, we’re talking about office buildings.
As the human toll of the coronavirus pandemic has mounted, companies have limited non-essential business travel and told employees to work from home. The effect on cities has been profound, and unsettling, with a cityscape characterized by empty office buildings, quiet streets and shuttered ... READ MORE >