Commercial Real Estate & Business News – December 28, 2020
Economist Moore predicts Coronavirus Vaccine Will be a Boon to 2021 EconomyEconomist Stephen Moore predicted Sunday that the coronavirus vaccine effort currently rolling out across the U.S. will be a boon for the 2021 economy. During an interview with John Catsimatidis on his radio show on WABC 770 AM, Moore said that “the calvary is […]
Commercial Real Estate & Business News – December 23, 2020
How the Latest Stimulus Impacts Renters and HomeownersA second round of stimulus checks will be sent directly to citizens beginning next week, according to Treasury Secretary Steven Mnuchin. The $900 billion stimulus package negotiated by Congress over the weekend will include $600 individual stimulus checks for those making under $75,000, $300 a week of extra…» […]
Commercial Real Estate & Business News – December 22, 2020
Phoenix Among List of Top 10 Projected Housing Markets in 2021PHOENIX — Phoenix was projected to have the sixth-best housing market in 2021 with an influx of retirees and millennials flocking to the dry desert heat of Arizona’s capital. According to Realtor.com, the state’s cost of living and vast selection of golf courses are two…» […]
Commercial Real Estate & Business News – December 21, 2020
Bridge Lenders Get Ready to Enter the Recovery FrayEven with vaccines beginning to roll out, 2021 will be an uncertain year in commercial real estate. E-commerce has conventional, brick-and-mortar retail under siege. Many offices and hotels are sitting empty. “In the grand scheme of things, all asset classes are under pressure…» U.S. Sublease Office Space […]
Commercial Real Estate & Business News – December 18, 2020
The Number of Remote Workers Could Double in Five YearsThe number of remote workers in the next five years is expected to be nearly double what it was before Covid-19: By 2025, 36.2 million Americans will be remote, an increase of 16.8 million people from pre-pandemic rates, according to Upwork’s Future Workforce Pulse Report. Hiring […]
Commercial Real Estate & Business News – December 17, 2020
Graycor Completes Panel Tilt at 1.2M SF G303 ProjectThe Southwest Division of Graycor Construction Company has completed its panel tilt at Glendale 303 (G303) Phase I, marking the near-term completion of a Class A industrial development poised to meet the needs of still-surging Phoenix industrial demand…» Net Lease Investors Rush to Allocate CapitalAfter a summer […]