Retailers need to stop expecting business to return to “normal.” There’s no going back to how it was anytime soon. Even before the Covid-19 pandemic and economic crisis, brick-and-mortar retailers had been fighting a fierce battle against Amazon and other… Read More
A glut of excess inventory and a value-focused price point have set up deep discounters to outperform other retail sectors. Pre-COVID-19, off-price retail chains were some of the hottest picks in the sector, reporting increasing same-store sales and boasting plans… Read More
As commercial real estate investors scramble to meet a July 15 deadline for wrapping up 1031 exchanges, they’ve been running into trouble finding replacement properties. For one thing, there simply aren’t enough suitable like-kind assets to go around. “The coronavirus… Read More
Commercial real estate markets have been in lockdown along with the rest of the country. The most visible sign of this lockdown is the collapse of sales transactions, which fell sharply as social distancing rules went into effect. Total sales… Read More
The Counselors of Real Estate has identified the current and emerging issues expected to have the most significant impact on real estate for the foreseeable future, with the COVID-19 pandemic being the leading concern of the 1,000-member organization. 1. COVID-19… Read More
On June 11, 2020, the U.S. Treasury Department released highly anticipated proposed Treasury Regulations on like-kind exchanges under Section 1031 (the “Proposed Regulations”).[1] The Proposed Regulations provide much-needed guidance on the topic of like-kind exchanges following the statuary changes to… Read More
A&W was founded in 1919, making it one of the rare companies to survive the Great Depression, Great Recession, and all the economic downturns in between. Now the COVID-19 pandemic is up to bat, and America’s first franchised chain is… Read More
It’s been 18 months since Jose Cil, after 18 years with Burger King, took the reins at parent company Restaurant Brands International. The fast-food giant’s former president rolled right into a refresh, with a focus on guest experience, employee engagement,… Read More
City officials are looking to capitalize on a distressed tourism industry by converting commercial hotels into affordable housing — including creating single room occupancy units known as SROs. The exploration of cheaper alternatives for affordable housing and supportive housing —… Read More
Self-storage facilities were typically considered “essential” businesses and remained open even as most of their potential customers worked from home. In the first week of June, Nick Walker listed a self-storage property for sale. The facility is fully-leased and producing… Read More