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Cely Rivera has spent a lot of time waiting for help since Hurricane Maria devastated Puerto Rico two weeks ago.

Walmart may soon launch same-day delivery in New York City.

New York City-based, privately-held landlord and asset manager Newmark Holdings has announced it will now go by the name GFP Real Estate, in a move meant to prepare for a public offering by commercial real estate services firm Newmark Knight Frank (NKF).

NKF Chairman Jeffrey Gural said in a release that ahead of NKF’s public offering, this rebranding, “is intended to eradicate confusion in the market” between it and GFP Real Estate, which is the…

Toronto-based RioCan Real Estate Investment Trust announced plans to sell off about 100 retail properties located outside its core markets over the next two to three years and plans to recycle proceeds into new developments within the country’s six largest metros.

RioCan said it expects to see about US $1…

Equifax just got grilled by Congress for the first time over its breach. Or at least one of its former executives did.

Initial reactions of real estate groups and analysts to the tax-reform framework released yesterday by GOP leaders in Congress ranged from outright support to opposition of a proposal included in the framework to limit or ban the deductibility of interest on business debt.

The real estate community has been on edge over rumors the tax plan advanced by Congressional leaders would do away with some of the industry’s favored tax treatments…

It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: New York City, Detroit / Grand Rapids, Orange County, Dallas / Fort Worth, Washington DC, San Francisco, Chicago, Orlando, Cleveland / N…

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The Food and Drug Administration is worried that there could be shortages of some critical drugs normally produced in Puerto Rico if manufacturing plants there are closed for an extended period of time.

While there has been no shortage of market conjecture in recent weeks on where Amazon will decide to locate its new ‘co-headquarters,’ we decided to crunch the numbers using CoStar’s unparalleled database of commercial real estate information using the key criteria identified by Amazon in its Request for Proposal (RFP)…

Companies are stepping up to rebuild Puerto Rico.

SRS Real Estate Partners boosted its Net Lease Group with the addition of Britt Raymond and Kyle Fant in the firm’s New York City office.

Raymond was named first vice president for NYC. She has established herself as a leader in the market through her expertise and closing over $230 million in commercial real estate transactions…

Roku is going public.

WeWork Cos. has confirmed that Japanese telecommunications conglomerate Softbank Group Corp. will invest $3 billion directly into the office-sharing startup and $1.4 billion into three newly created subsidiaries to expand the company into China, Japan, Korea and Southeast Asia.

The total $4.4 billion investment is nearly one-third larger than last March, when the Wall Street Journal reported that WeWork had $300 million with plans to raise a total…

An initial assessment of the potential impact of the epic storm on the Houston commercial real estate market by CoStar Group reveals that 27% of the market’s gross leasable area, representing $55 billion in property value, is located in flood zones and may have potentially suffered damage.

$16 billion of the $55 billion in property at risk is comprised of apartment buildings within the 100-year flood zone…

The U.S. government has several levers it can pull to ease the pain at the pump caused by Hurricane Harvey.

The rising number of people age 65 and over, pressure for health-care providers to cut costs and the rise of new technology will continue to drive demand and opportunities for medical office developers and investors, according to a new report by CBRE Group, Inc.

According to “U.S. Medical Office Buildings: A Cure for Market Volatility,” CBRE’s first report outlining the U…

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President Trump began an investigation earlier this year into whether steel imports were threatening national security. Four months later, the steel industry wants action.

Gas prices are going to jump in some parts of the country as Hurricane Harvey nears the Texas coast.

For the second consecutive quarter, the Real Estate Roundtable’s Economic Sentiment Index reflected waning market optimism, largely due to the political uncertainties and lack of progress on pro-growth initiatives in Washington.

At the same time, however, respondents to the third-quarter survey conducted earlier this month continued to express confidence that property-level metrics and performance are holding steady even as hope dims over prospects…

The U.S. commercial real estate market could soon find out what happens when the government of the world’s largest country tightens the spigot on overseas investments from its citizens. Last week, the State Council of the People’s Republic of China officially announced measures to curb outbound investment – a move Chinese officials had been hinting at all year…

The U.S. commercial real estate market could soon find out what happens when the government of the world’s largest country tightens the spigot on overseas investments from its citizens. Last week, the State Council of the People’s Republic of China officially announced measures to curb outbound investment – a move Chinese officials had been hinting at all year…