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Despite New York City based companies looking to suburbs for cheaper office space outside dense urban areas, leasing activity for Long Island office space experienced a slowdown in the second quarter.

With a broader pool of potential renters, close-in apartments exceed expectations for one company.

In one market with a research university, life science companies are aggressively seeking space.

Initial concerns about the pandemic's impact on the multifamily asset class have not been realized, according to a Berkadia poll.

FSRs tried to pivot to save their businesses by ramping up delivery programs, streamlining their menus, and repurposing their parking lots as temporary drive-thru's, however, the shift to service their customers off-premises was difficult and costly.

Coronavirus is hitting hourly paid and low/moderate income workers' wages hard and their property owners are proactively seeking—and securing—forbearance relief to protect against unpaid rent.

Europe and Asia weather the COVID-19 chill slightly better, according to CBRE. The firm is looking for "a gradual recovery" in the second half.

The self-storage REIT will be taken private in a deal valued at approximately $900 million.