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 […]
Commercial Real Estate & Business News – April 1, 2020
As April Rents Loom, Phoenix Real Estate Leaders Grapple with Potential LossesAs April 1 approaches and some Valley businesses have gone two weeks without normal business operations, property managers and landlords in the region are grappling with the possibility that many tenants will not be able to make rent.” Let’s start planning on April rent […]
Commercial Real Estate & Business News – March 31, 2020
Increased Demand for Warehouse Space and Labor Created by COVID-19 Could be a Long-Term TrendAs non-essential businesses are forced to close doors, some retail and e-commerce firms are ramping up hiring and operations in order to meet a surge in demand for necessities and home deliveries. “There’s certainly good news and bad news happening in […]
Commercial Real Estate & Business News – March 30, 2020
East Valley Fuels Arizona’s Technology BoomMaricopa County continues to be the fastest-growing county in the nation for population, according to the U.S. Census Bureau. Many leaders in the area have pointed to our technology ecosystem as the key catalyst for this growth. As a state, we are outpacing some of the nation’s largest technology…» Highly […]
Commercial Real Estate & Business News – March 27, 2020
Why This Nobel Laureate Predicts Quick Coronavirus Recovery: ‘We’re going to be fine’Michael Levitt, a Nobel laureate and Stanford biophysicist, began analyzing the number of COVID-19 cases worldwide in January and correctly calculated that China would get through the worst of its coronavirus outbreak long before many health experts had predicted. Now he foresees…» How […]