Commercial real estate is in turmoil, but San Francisco’s glut is dwarfed by the fiascos in Houston and Calgary.
Landlords and their lenders who’re still thinking work-from-home is just a blip will undergo a reckoning in due time.
Better produce a big-fat stimulus bill pronto and keep eviction bans and forbearance going, or else these companies will face economic reality.
What the TSA said in its PR stunt and what it forgot to say.
“You’re the Collateral.” Separating the assets (including you) from the liabilities (your miles), and pledging the assets.
The American Oil Boom Was Where Money Went to Die.
Eight months into crisis, airlines are stuck in worst recovery ever.
Efforts to redevelop dying Stonestown Galleria in San Francisco turn into mess. The beating of landlords will continue until mood improves.
Four of the six hotels that REIT Park Hotels & Resorts owns in San Francisco are closed, with convention & business travel at near-zero.
“Hybrid workplace,” it calls it. The trend for many companies with office workers and enough tech savvy to pull it off. A nightmare for landlords.