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Deadline Relief for 1031 Exchanges

DATE April 10, 2020 / Author


Last month, the IRS announced that the tax payment deadline was extended to July 15, 2020. On April 9th, the IRS released more guidance, Notice 2020-23, expanding on relief for additional returns, tax payments, and other actions for taxpayers affected by the coronavirus pandemic. The extensions now apply to all taxpayers that have a filing […]

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Special Report | Coronavirus Impact on Industrial Update

DATE April 10, 2020 / Author


Click here to download the full report Prior to the COVID-19 outbreak, the industrial market and economy was strong. The industrial transaction market boosted positive momentum, demand outweighed supply, and vacancy rates were at the lowest levels. Overall transaction activity had been up 18 percent from the peak of the last cycle, but COVID-19 presents […]

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Special Report | COVID-19 | CARES Act

DATE April 9, 2020 / Author


Click here to download the full report On March 27th, 2020 President Trump signed into law a historic $2 trillion stimulus package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This stimulus package will help jolt the sudden stop we’ve seen in economic activity in the U.S., reduce the risk of a larger decline […]

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Special Report | Coronavirus Impact on Multifamily Update

DATE April 9, 2020 / Author


Click here to download the full report Through most of the U.S. economic expansion, the apartment sector has been a favored asset class. Investors were excited about renter growth and millennial increases in urban locations, and as a result, investment in mid to high-rise properties surged. However, before the fears of the coronavirus pandemic took […]

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Special Report | Coronavirus Impact on Retail Update

DATE April 8, 2020 / Author


Click here to download the full report With COVID-19 presenting some new challenges to the evolving retail industry; Shopping centers, restaurants, grocers, and other retailers are taking action to prevent the spread of the outbreak. These actions include temporarily closing, adjusting store hours, offering curbside pick-up, and encouraging online shopping. Many CRE experts have shared […]

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Special Report | Tax Updates in CRE

DATE April 7, 2020 / Author


Click here to download the full report In a historic move during unprecedented times, due to the coronavirus outbreak, the federal government is taking action to reduce the impact on taxpayers. The Emergency Assistance Act instructed the Secretary of the Treasury “to provide relief from tax deadlines to Americans who have been adversely affected by […]

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Special Report | Coronavirus Impact on CRE Update

DATE April 2, 2020 / Author


Click here to download the full report Events are quickly unfolding surrounding the COVID-19 outbreak, with a growing impact across the globe. As coronavirus pressures mount, firms have curtailed travel, schools have closed, and people are practicing social distancing. As a result, consumer spending has decreased as people stay home, thus causing a ripple effect […]

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Record 6.6 million Americans Sought Unemployment Benefits

DATE April 2, 2020 / Author


For the week ending March 28th, 2020, the number of Americans filing for unemployment has skyrocketed to a record-breaking 6.6 million, according to a report by the Labor Department. This has sent a recently booming labor market into free fall. The previous record was 3.3 million claims filed the week of March 21st, 2020, as […]

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President Trump Extends Social Distancing Guidelines to April 30th

DATE March 29, 2020 / Author


President Donald Trump announced that he is extending his administration guidelines on social distancing to April 30th, 2020. Americans must continue to avoid nonessential travel, going to work, eating at bars and restaurants, or gather in groups of more than ten people for at least another month to curb the spread of COVID-19.

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