The impact of COVID-19 has brought increased market volatility to the real estate sector as investors seek to divine the short-term impact of restricted openings and potential long-term impact of increased online shopping and working from home, as well as… Read More
OAKLAND — California Gov. Gavin Newsom says California is “turning a corner” on the pandemic weeks after locking down various sectors in a desperate bid to thwart a summer surge. But that puts the Democratic leader at a crossroads. Should… Read More
There are several significant tax opportunities that can accelerate tax savings for investors right now. Wading through the tax legislation implications of the 2017 tax reform and 2020 CARES Act can be overwhelming for many real estate companies. But there’s… Read More
California Proposition 15, the Tax on Commercial and Industrial Properties for Education and Local Government Funding Initiative, was on the ballot in California as an initiated constitutional amendment on November 3, 2020. Proposition 15 was defeated. A “yes” vote supported… Read More
Negotiations on a new COVID-19 relief package are at a stalemate with no possibility of restarting the talks any time soon. As reported previously, a group of Senate Republicans introduced the $1 trillion HEALS Act package of pandemic measures. However,… Read More
Throughout the turmoil of the COVID-19 pandemic, no business has gone unscathed. Just about every company in America watched in late March as sales plunged and consumer trust evaporated, and the recovery efforts have forced business owners to reinvent their… Read More
Early into Darin Harris’ tenure as Jack in the Box CEO, unit development appears to be high on the priority list, which makes sense given his background. Before joining the California-based brand, he worked as VP of franchise and corporate… Read More
Real estate assets across the United States have suffered the adverse effects of the COVID-19 pandemic and the resulting shutdowns of businesses. This unfortunate circumstance will present opportunities to purchase the debt encumbering these properties, whether as a way of… Read More
Retail rent collections increased in July compared to earlier months during the pandemic. According to data from Datex Property Solutions, retail rent collections were 68.8% in mid-July, a 14.7% increase compared to mid-June and a 36.6% increase compared to mid-May…. Read More
Second quarter transaction volumes for commercial property remain severely depressed and changes in pricing are moving slower than expected, according to new data by CoStar Group, a leading commercial real estate analytics company. Early impacts from the coronavirus pandemic saw… Read More