To address what is expected to be an overwhelming number of residential evictions resulting from the COVID-19 pandemic and associated business closures, California Gov. Gavin Newsom this week signed Assembly Bill 3088 enacting the Tenant, Homeowner, and Small Landlord Relief… Read More
CIRE Weekly
Top 100 Convenience Store Chains of 2020
As the 2020 Convenience Store News Top 100 ranking shows, merger and acquisition activity continued to be a key trend in the industry over the past year, driving the top chains to keep a tight grasp on their titles, as… Read More
Mall Landlords Use Pop-Ups to Help Retailers
When COVID-19 forced the closures of indoor malls for a second time in California as coronavirus cases there continued to surge, some mall landlords decided it was time to take action. (States across the Sun Belt and some Midwest states… Read More
Finding Opportunities in CRE During COVID-19
Nearing the end of the earnings season, the impacts of COVID-19 and social distancing on commercial real estate during the second quarter are coming into view. Revenues, rent payments, and quarterly earnings declined sharply for hotels and retail. Digital communication… Read More
2020 Election: California’s Big-Ticket Items
California commercial real estate is keeping tabs on a number of items the state’s voters will decide come November, ranging from changing local transfer tax hikes to the groundbreaking $10B-plus “split roll” initiative. Here are state and local ballot measures… Read More
Taco Bell Unveils “Go Mobile” Restaurant
Add Taco Bell to the list of restaurants reimagining drive thru against a COVID-19 backdrop. The Yum! Brands chain Thursday unveiled a new concept it’s labeling “Taco Bell Go Mobile.” The main hook: The unit is specifically designed for customers… Read More
Restaurants Race to the Drive-Thru
The COVID-19 pandemic has slugged on for six months now. Two truths remain—counter-service brands are in better shape than other sectors; and those with drive thrus are a step further. Location technology company Bluedot recently released its second “State of… Read More
Proposed Wealth Tax = California Exodus
A group of California lawmakers, led by Rob Bonta (D-Oakland), have proposed a wealth tax that would be applied to the net worth of approximately 30,400 Californians if enacted into law. The tax would be the first of its kind,… Read More
Big-Box Retailers’ Profits Surge
In the early days of the pandemic, when grocery stores in the United States ran low on staples like toilet paper, people flocked to Walmart and Target to stock up. Five months later, as the number of coronavirus cases remains… Read More
Seven Takeaways from UBS’s RE Outlook Report
UBS’s Asset Management arm has published its latest Real Estate Outlook edition, outlining the impacts of the pandemic on global and U.S.-based real estate investment. As can be expected, the continued prevalence of COVID-19 infections in the U.S. and the… Read More