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Eight Must Reads for the CRE Industry on Apr. 6, 2021


Eight Must Reads for the CRE Industry Today (Apr. 6, 2021)
New York State has moved closer to finalizing a program to distribute federal rent assistance to tenants and landlords, reports the Gothamist. Real Estate Journals looks at why commercial real estate lenders are eager to see investment in infrastructure. These are among today’s must reads from around the commercial real estate industry.
Why CRE Lenders Want to See Infrastructure Investment “Smart investments to improve the roads, ports, utilities and other vital infrastructure have the potential to unlock tremendous value for the overall economy, as well as for commercial real estate. Economic Policy Institute research indicates that an investment of $18 billion annually into infrastructure would create a first-year increase of $29 billion in GDP and 216,000 net new jobs.” ( ....

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Eight Must Reads for the CRE Industry Today (Dec. 12, 2020)


Eight Must Reads for the CRE Industry Today (Dec. 12, 2020)
Democrats in Congress have launched an investigation into the Kushner Co.’s deal on a New York office tower, reports Bisnow. One third of commercial leases since March mention pandemics as a force majeure event, more than double for leases inked prior to COVID-19, according to Law360. These are among today’s must reads from around the commercial real estate industry.
Kushner s Deal With Brookfield For 666 Fifth Ave. Under Congressional Investigation “Two Democrats, Sen. Ron Wyden of Oregon and Rep. Joaquin Castro of Texas, launched an investigation this week into whether the deal influenced the Trump administration’s policy stance on Qatar, the Financial Times reports. Wyden is the ranking member of the Senate Finance Committee. Castro is the chairman of the House Foreign Affairs Subcommittee.” ( ....

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