CRE Herald’s 10 most read stories of 2021
CRE Herald team wishes you a happy new year and all the best for 2022., Most read commercial real estate industry news stories of 2021.

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CRE Herald’s 10 most read stories of 2021
CRE Herald team wishes you a happy new year and all the best for 2022., Most read commercial real estate industry news stories of 2021.

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Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021 and Andy Jassy will become Chief Executive Officer at
Houston’s tallest building renamed JPMorgan Chase & Co. Tower
600 Travis Street, an iconic office building in downtown Houston, will be renamed JPMorgan Chase & Co. Tower, says Hines and Cerberus.
Amazon launches $2bn housing equity fund for affordable homes
Amazon has launched a $2 billion Housing Equity Fund for over 20,000 affordable housing units in Puget Sound, Arlington and Nashville, Tenne
Amazon launches $2bn housing equity fund for affordable homes
Amazon has launched a $2 billion Housing Equity Fund for over 20,000 affordable housing units in Puget Sound, Arlington and Nashville, Tenne

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AMC plans to open more movie theatres in US
AMC Entertainment said on Thursday that 14 AMC movie theatres in the state of Washington will begin operations on Friday, October 16.
Keller Williams forms new holding company
Keller Williams has reorganized by creating a new holding company structure. Gary Keller steps down as KW CEO and remains executive chairman
Amazon hiring 100,000 new employees in U.S, Canada
Amazon is hiring 100,000 full and part-time employees across the U.S. and Canada in addition to 33,000 corporate and technology jobs announc
JCPenney files for bankruptcy
#bankruptcy #JCPenny #retail
JCPenney has filed for Chapter 11 bankruptcy. The 118-year-old company announced it has entered into a restructuring support agreement with
CoStar to acquire Ten-X Commercial for $190m
CoStar Group, Inc. is buying Ten-X Commercial, the digital auction platform for commercial real estate for $190 million in cash.

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Xu Jiayin, chairman of the Evergrande Group, ranked first in the richest real estate billionaires list with a net worth of US$33 billion.
https://www.creherald.com/federal-reserve-cuts-rates-by-100-bps-to-near-zero/
The Federal Reserve has reduced its funds rate by 100 basis points to a range of 0 - 0.25 percent with the extraordinary decision on Sunday.
The COVID-19 (coronavirus) outbreak and sharp decline in oil prices will likely cause a decrease in U.S economic growth, according to Fannie Mae.
Amazon announces first Iowa fulfillment center
Amazon.com, Inc. announced plans to open its first fulfillment center in the state of Iowa in the city of Bondurant
Transamerica Pyramid in San Francisco sold for $700m
Transamerica Pyramid, the iconic skyscraper in San Francisco, has reportedly sold to a group led by New York developer Michael Shvo for $700

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WeWork announced that Sandeep Mathrani will join the Company as Chief Executive Officer and a member of the Board of Directors.
Global direct commercial real estate i volumes reached an all-time high of $800 billion, increasing 4% year-over-year, according to JLL.