| The Recovery from the Coronavirus Sure Looks V-shaped, Going by These Charts The 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 recovery is a popular guessing game on Wall Street…» |
| Rent Collection Survey Predicts Increase in June Payments A new national survey of multifamily residents predicts rent collection of 84.3 percent by June 10, up about 5 percent from the same time in May. J Turner Research found that 74.6 percent said they expected to pay rent on time with 9.6 percent responding it would…» |
| Dunkin’ Commits to Hiring 25,000 Workers Nationwide As Reopening of Economy Accelerates Fast-food breakfast chain Dunkin’ (NASDAQ: DNKN) has announced plans to hire 25,000 new employees nationwide as the company looks to lead the charge out of nationwide coronavirus quarantines. Taco Bell recently made a similar declaration, vowing in late May to hire 30,000 workers this summer…» |
| Zero-emission Truck Maker Nikola Readies for Rebirth as $11B Public Company The Phoenix-based maker of zero-emission heavy trucks Nikola Corp. will become a publicly traded corporation later this week, possibly worth $11 billion or more, if a vote to approve its merger with another company succeeds as expected. More than $700 million in proceeds from the reverse-merger transaction…» |
| Willmeng and Trammell Crow Celebrate Topping Out of Axis Raintree Willmeng Construction, Inc., a Phoenix-based commercial general contractor, and developer Trammell Crow Company recently celebrated the topping out of Axis Raintree, a 175,000-square-foot, three-story, Class A speculative office building in Scottsdale, Arizona. The topping-out marked…» |