Commercial Real Estate & Business News – June 17, 2020
Future of Investing Goes to Second-Tier Cities and College TownsInvestors and fund managers are seeing that buyers and renters are moving to second or third-tier cities, according to SEI/Prequin’s 2020 Survey of Real Estate Managers and Investors on the future of real estate investment. Just over 60% of investors and just over 40% of fund […]
Commercial Real Estate & Business News – June 16, 2020
What an Amazon-J.C. Penney Deal Could Mean for Retail Real EstateAmazon could be the next owner of embattled J.C. Penney, and experts say the transaction would be less focused on the bankrupt department store’s business and more on its real estate. The e-commerce giant in recent weeks is said to be considering a purchase of […]
Commercial Real Estate & Business News – June 15, 2020
Forecasting Arizona’s Economy: The Case for a V-shaped ReboundEven though the Grand Canyon State experienced record-shattering job losses and economic contraction during the pandemic, there’s hope the pain will be short-lived. Strong underlying fundamentals, an influx of stimulus money and ASU’s support for innovation could help stave off an extended recession…» Survey: Business Leaders Want […]
Commercial Real Estate & Business News – June 12, 2020
Sam’s Club Goes Chainwide With Curbside PickupSam’s Club plans to roll out curbside pickup service to all 597 of its warehouse clubs by the end of June. The Walmart wholesale club chain said Thursday that the national launch of curbside pickup comes after a 16-store pilot drew a strong response from consumer…» Landlords’ New Credo […]
Commercial Real Estate & Business News – June 11, 2020
Fed Signals Interest Rates Will Likely Stay Near Zero at Least Through 2022 Amid COVID-19Despite last week’s blockbuster jobs report, the Federal Reserve is showing no letup as it continues to respond aggressively to economic damage from the coronavirus pandemic that could linger for years. The Fed on Wednesday held its key interest rate near […]
Commercial Real Estate & Business News – June 10, 2020
The Recovery from the Coronavirus Sure Looks V-shaped, Going by These ChartsThe possibility of a V-shaped recovery – a sharp fall in economic activity followed by a dramatic rise – has been a hot topic of debate since the coronavirus pandemic led to widespread business closures across the United States. The shape of the economic […]