Many U.S. commercial properties have lost 25 percent or more of their value as the impact of the coronavirus has taken its toll on hotels, malls and other nonresidential buildings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Retail sales have seen very modest year-over-year gains since June, but many brick-and-mortar operations continue to suffer amid the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The nation’s banks are anxious about getting loans repaid that are secured against empty office buildings, hotels and malls. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
The pandemic has shifted attention to every dollar we spend, focusing on necessities, such as shelter and food. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Pinterest is canceling its upcoming lease to move into a San Francisco office that it doesn’t need because its workers will be working from home, a report Monday (Aug. 31) from KCBS Radio said. Get the Full Story Complete the form to unlock this article...
The great digital shift might upend the way we get mortgages, transforming a $2.1 trillion industry weighed down by time-consuming processes to one that is faster and more transparent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
As the U.K.’s banks reconfigure their branches to accommodate a COVID-19 world, some are converting portions of the underused real estate into office space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Housing market activity as measured by the signing of sales contracts rose for the third consecutive month, the National Association of Realtors (NAR) said on Thursday (Aug. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Real estate mogul Sam Zell, who learned the hard way about investing in troubled industries after buying and temporarily owning the Chicago Tribune even as the internet devoured newspaper revenue, is sounding alarms about the plight of the commercial real estate market. Get the Full...
