| Fed Signals Interest Rates Will Likely Stay Near Zero at Least Through 2022 Amid COVID-19 Despite 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 zero and signaled it likely won’t lift it until at least 2022…» |
| Looking Ahead: What’s in Store for CRE? As states slowly reopen and explore ways of easing restrictions, commercial real estate, just like any other industry, is adjusting to a reality shaped by COVID-19 and focused on de-densification. With many businesses closed or curtailed, some tenants are struggling to pay rent, while some construction projects…» |
| Real Estate Investors Are Taking ‘Barbell’ Approach to Crisis Investors are increasingly taking a “barbell” approach to a commercial real estate market that’s been roiled by the coronavirus. They’re looking at distressed assets like malls and hotels hurt by the pandemic, as well as logistics facilities that are in demand as more shopping shifts online, according…» |
| Why Short-Term Lending Works in Times of Crisis: Q&A Focusing on short-term financing solutions is the way many lenders have chosen to remain active amid the uncertainty brought on by COVID-19. According to Electra Capital President & CEO Sam Greenblatt, while certain asset classes have been heavily impacted by the pandemic, multifamily…» |
| Manufacturer Shuffles Real Estate Footprint in Boost to Phoenix, Loss to Houston Manufacturer Benchmark Electronics is opening a new plant in Phoenix and closing other plants south of Houston and in San Jose, California, more than a year after the firm relocated its headquarters from Texas to Arizona. The moves are part of the electronic maker’s revised real estate footprint and global strategy…» |