NREI Daily
   View Web Version  |  Add to Safe Sender List
NREI/Daily
News and analysis about commercial real estate finance, investment, development and leasing.
Newsline
 

December 14, 2016

Top Story

Developers Look to Life Companies for Construction Financing

By Beth Mattson-Teig, Contributing Writer

The pullback in construction financing among banks is stirring up fresh enthusiasm for life company’s construction-to-perm loan programs.

FULL ARTICLE


NREI Wire

Manhattan Site for Supertall Condo Finds New Owner at Auction

Bloomberg

A development site slated for an almost 1,000-foot condo tower on Manhattan’s far east side found a new owner through a bankruptcy auction Tuesday, removing a hurdle for construction after about a year of delays.

FULL ARTICLE


As Kroger Nears Deal to Buy Walgreens Stores, Grocery's Future Comes into Focus

The Business Journals

In 2016, the grocery industry's future began to crystallize. Several recent developments point towardsmaller stores with more space for pickup and delivery of online ordering.

FULL ARTICLE


Must Reads

10 Must Reads for the CRE Industry Today

By NREI Staff

Neiman Marcus CEO Karen Katz attributes the luxury department store’s eight percent drop in comparable store sales to a “less loyal” customer base, Fortune reports. Foreclosures fall to a low not seen since the bubble years, according to MarketWatch.

FULL ARTICLE