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Eight Must Reads for the CRE Industry Today (Feb. 2, 2021)
The Real Deal looks at how co-living developer Quarters ended up filing for bankruptcy. Some suburban New York and New Jersey businesses have been thriving during the pandemic, reports The New York Times. These are among today’s must reads from around the commercial real estate industry.
Mall REIT Cashes In on GameStop’s Wild Week on Wall Street “The financial world has been scratching its head as hedge funds sweat bullets over the atmospheric stock price rise of declining video game retailer GameStop. Driven by a community on the popular social media platform Reddit that calls its WallStreetBets, retail investors have been pumping stocks to short squeeze ‘meme worthy’ companies like GameStop, Blackberry, Nokia and AMC. A few days ago Redditors began discussing another stock, Macerich, which Redditors began referring to as ‘GameStop’s landlord.’” ( ....

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