Agencies, life companies, banks and other sources have shown a willingness to do deals on well-positioned assets. When the Fed slashed rates to near zero two months ago, there was speculation that it would fuel a wave of commercial real… Read More
Even as COVID-19 continues to wreak havoc with the global economy—putting the majority of commercial real estate investment activity on pause—entities are lining up gobs of capital to pounce on distressed real estate opportunities expected to arise in the coming… Read More
The CARES Act includes several tax-related provisions intended to mitigate the adverse economic effects of the health crisis by reducing tax burdens and getting cash into the hands of taxpayers sooner. Most of these tax provisions relax changes made by… Read More
Not too long ago, Taco Bell CEO Mark King was dreaming big about the chain’s future – one where he pledged to grow the wildly popular Yum Brands division into a $20 billion business. But like other restaurant CEOs today,… Read More
For the third consecutive week, restaurant chains witnessed year-over-year same-store sales improve versus the previous period, according to Black Box Intelligence. Comps for the week ending April 19 declined 47.6 percent—the best result since March 15 and an 11.3 percent… Read More
As some restaurants opened for dine-in business in Georgia, Tennessee and Alaska this week, a number of other states are poised to begin lifting restrictions on Friday, including Texas, Oklahoma, Utah and parts of Iowa. Texas officials earlier this week… Read More
Stocks rose on Tuesday as investors bet the U.S. economy could start to reopen again while oil prices jumped for a fifth straight day. The Dow Jones Industrial Average closed 133.33 points higher, or 0.6%, at 23,883.09. The S&P 500… Read More
Even after the worst stage of the COVID-19 pandemic ends, how we use physical spaces will be transformed for the foreseeable future. The United States has had more than 1 million confirmed COVID-19 cases, with a death count approaching 70,000,… Read More
A recession is upon us, due to a public health crisis that has caused a global societal shock. The COVID-19 virus has created many unknowns, but as we work through the crisis, there are some things we do know or… Read More
Two top industry associations have asked state governors to adopt uniform re-opening standards for both stores and retail warehouses. (Bloomberg)—The top two trade groups representing major retailers such as Walmart Inc., Target Corp. and Best Buy Co. are calling on… Read More