Commercial Real Estate & Business News – April 9, 2020
Medical Retail Space Demand Expected to Resume Later This YearIn the age of the coronavirus and until the curve flattens, there will temporarily be less demand for medical retail outpatient settings. Guidance from state and local governments indicating when healthcare workers can resume non-essential, non-emergency services will dictate the pace of short-term…» Banner Innovation Group […]
Commercial Real Estate & Business News – April 8, 2020
Here are the U.S. Housing Markets Vulnerable to Coronavirus ImpactATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released a Special Report spotlighting county-level housing markets around the United States that are more or less vulnerable to the impact…» Arizona Governor Halts Evictions of Small […]
Commercial Real Estate & Business News – April 7, 2020
Construction Industry Braces for Disruptions as Most Projects Stay on TrackThe construction industry, a cornerstone of Arizona’s economy, is one of the essential services that can continue operating under Gov. Doug Ducey’s stay-at-home order issued this week. As signs of distress are emerging for the construction industry as commerce slows, construction…» Valley Apartment Rent Growth […]
Commercial Real Estate & Business News – April 6, 2020
Will the Governor’s COVID-19 Executive Order Protecting Renters Hurt Valley Apartment Owners?While thousands of unemployed renters in Arizona are taking advantage of protections Gov. Doug Ducey put in place to keep them from being evicted if they can’t pay their monthly rent, their landlords are wondering just how long they’ll be able to absorb those […]
Commercial Real Estate & Business News – April 3, 2020
The Cares Act Can Also Reduce Tax Liability For Real Estate FirmsWASHINGTON, DC-Last week Congress passed and President Trump signed the Coronavirus Aid, Relief, and Economic Security, or Cares, Act, releasing a $2 trillion stimulus on the US economy that is currently under siege from the coronavirus. The main provisions of the Cares Act…» Some […]
Commercial Real Estate & Business News – April 2, 2020
The COVID-19 Economic Shutdown is Already Hitting Multifamily RentsThe average rents on apartments are already dropping, as the U.S. economy grinds to a halt and millions of workers have lost their jobs, been furloughed or have been asked to stay home to fight the rapid spread of COVID-19.” Job losses are already affecting demand for […]