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  • newJapan Warns Its Banks About Risky U.S. Debt
    Japanese regulators have warned the nation’s banks for the first time about the risk of investing in overseas securitized corporate loans, which have run into trouble from a wave of U.S. bankruptcies.
    - 40 mins ago 3 Jun 20, 9:01am -
  • newGlobal Stocks Rise on Hopes for Economic Recovery
    International stock indexes rose on optimism that economic activity will improve as countries emerge from lockdowns and that additional government spending will shore up recoveries.
    - 2 hours ago 3 Jun 20, 7:36am -
  • newChina Revives London Stock-Listing Program
    Beijing has approved a Chinese insurer’s plans to sell securities in London, signaling that a tie-up between the U.K. and Shanghai stock markets is no longer on hold.
    - 4 hours ago 3 Jun 20, 5:44am -
  • newZoom's Boom Has a Price
    Zoom Video Communications answered one very big question with its latest results. It also raised a few.
    - 9 hours ago 3 Jun 20, 12:48am -
  • newWarner Music, ZoomInfo Poised to Boost IPO Market
    The burst of activity comes after months of relative quiet, with potential issuers scared away by the coronavirus pandemic and related turmoil. The issues are expected to raise $2.5 billion combined if the shares price at the midpoints of their targe…
    - 12 hours ago 2 Jun 20, 9:44pm -
  • newMall Owner CBL Misses Debt Payment, Seeks Renegotiation
    Mall owner CBL & Associates Properties said it failed to make an interest payment of $11.8 million to bondholders on Monday, becoming the first major retail landlord during the coronavirus pandemic to take this step toward a bond default.
    - 12 hours ago 2 Jun 20, 9:39pm -
  • newU.S. Stocks Close Higher Despite Social Unrest
    The Dow industrials and S&P 500 finished higher as investors weighed the pace of an economic recovery, risks from U.S.-China tensions, the coronavirus and growing social tension in the U.S.
    - 13 hours ago 2 Jun 20, 8:48pm -
  • newOil Rallies With Traders Anticipating Supply Cuts
    Crude prices continued a recent rebound as analysts anticipate that oil producers led by Saudi Arabia and Russia will extend supply curbs in response to the energy industry’s crisis.
    - 15 hours ago 2 Jun 20, 6:56pm -
  • newInsurers' Best Shelter Against Storms Is Price
    Analysts are now anticipating a potential ‘hard market’ for insurance industry pricing, with rates on reinsurance possibly rising at the fastest pace since just after 9/11.
    - 17 hours ago 2 Jun 20, 4:58pm -
  • newBritish Pound Climbs on Optimism Over EU Trade Talks
    The British pound rose to its highest level against the U.S. dollar in a month as investors grew more optimistic about trade negotiations between the U.K. and the European Union.
    - 19 hours ago 2 Jun 20, 2:13pm -

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  • newCoreSite Opens Second Downtown Data Center
    Denver-based CoreSite Realty Corporation has opened Phase 1 of CH2, its new ground-up data center development at 550 W. 14th Pl. in the South Loop. A virtual open house is scheduled for June 10. At full build-out, the 169,000-square-foot facility, cr…
    - 3 hours ago 3 Jun 20, 7:05am -
  • newUrban Edge Dedicates Grab N’ Go Parking Spaces
    Urban Edge Properties has launched dedicated Grab N’ Go parking spaces at select New York, New Jersey and Puerto Rico properties to allow flexibility for those customers looking to pick up items they’ve ordered online either via contactless de…
    - 3 hours ago 3 Jun 20, 7:05am -
  • newNYC Apartment Rents Slip for Second Month
    New York City rents have declined 0.6% over the past month, but have been relatively flat at 0.1% in comparison to the same time last year, according to the latest report from Apartment List. As June began, median rents in New York stood at $2,135 fo…
    - 3 hours ago 3 Jun 20, 7:04am -
  • newAmazon Expands DFW Footprint with 250K-SF Frisco Center
    Amazon has leased a new building at Dallas Cowboys owner Jerry Jones’ Star Business Park in Frisco, the Dallas Morning News reported. The new Amazon fulfillment center will have 250,000 square feet of space, said Joe Hickman, general manager of the…
    - 3 hours ago 3 Jun 20, 7:03am -
  • newFour Join Bellwether Enterprise from Cohen Financial
    Bellwether Enterprise Real Estate Capital LLC has added Dan Rosenberg as SVP and Ryan Morris and Matt Terpstra as assistant VPs in the Chicago office, along with Cathy Bronkema as a SVP in Grand Rapids, MI. All four join from Cohen Financial. Rosenbe…
    - 3 hours ago 3 Jun 20, 7:03am -
  • newElm Creek Takes Control at SA Power Center
    Woodlake Crossing, a 159,703-square-foot retail power center in San Antonio, was recently purchased by Dallas-based Elm Creek Real Estate. Kevin Catalani with CBRE in San Antonio represented the seller, InvenTrust Properties, which reported a sale…
    - 3 hours ago 3 Jun 20, 7:03am -
  • newFully-Leased Baytown Warehouse Trades to Boston’s High Street
    JLL Capital Markets closed the sale of Cedar Crossing Distribution Center, a 100% leased, single-tenant, 129,527-square-foot distribution facility in Baytown. JLL marketed the property on behalf of the seller, Mountain West Industrial Propertie…
    - 3 hours ago 3 Jun 20, 7:03am -
  • newPhase 3 of Chicago Reopening Will Proceed as Planned
    Chicago’s plans to enter the third phase of its reopening plan on Wednesday will proceed as scheduled, Mayor Lori Lightfoot said Tuesday. The timing had appeared to be in jeopardy in view of the past weekend’s riots and looting, and a curfew rema…
    - 3 hours ago 3 Jun 20, 7:03am -
  • newRetail Condo Up for Sale in Borough Park
    GFI Realty Services is marketing for sale 4809 & 4815 14th Ave., a 11,458-square-foot retail condominium in the Borough Park section of Brooklyn.  The asking price is $11 million. GFI’s Ohad Babo and David Levinson will oversee the sale of the c…
    - 3 hours ago 3 Jun 20, 7:02am -
  • newSoho Resi Trades in Off-Market Deal
    Avison Young’s Tri-State Investment Sales group arranged the sale of 198 Prince St., a 5,000-square-foot, four-unit boutique residential property in Soho. The property, which had been under long-term ownership by an estate, sold for $4.5 million t…
    - 3 hours ago 3 Jun 20, 7:02am -
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