Seven Must Reads for the CRE Industry Today (Apr. 30, 2021) Realty Income Corp. is buying net lease REIT VEREIT, reports the Arizona Republic. The CEO of MGM Resorts sees a robust leisure recovery ahead, according to Barron’s. These are among today’s must reads from around the commercial real estate industry.
NYC Will Fully Reopen July 1, Says Mayor Bill de Blasio “Restaurants, gyms, shops, hair salons and arenas will open at full capacity. Smaller theaters could reopen over the summer and Broadway is on track for opening by September. Schools will be back at ‘full strength’ in the fall. New York City has recorded 923,953 coronavirus cases and 32,461 virus-related deaths as of Wednesday.” (CNBC)