COVID-19 & CRE
Dedicated Resource Hub for Coronavirus News & Impacts in the Industry

Customer shopping habits rapidly shifted during the global crisis, making it difficult for retailers to predict business trends. Drug store visits nationally increased by 28 percent from February 19 to March 27 with the South region leading by a 51 percent increase during that same time, according to Four Square. This could indicate that shoppers […]

Medical office sales topped $11 billion for five years straight, and retention rates trended between 75 and 83 percent for the last 11 years. With nearly 50 million Americans over the age of 65 as of 2016, healthcare services were already in great demand. Now, medical office buildings are faced with new challenges due to […]

With ongoing COVID-19 events affecting millions of Americans, unprecedented circumstances are following. So far, 16 million Americans have filed for unemployment, and 93 percent of the population has been mandated to shelter-in-place, affecting the 40 million renters in the United States. The multifamily industry is playing a large role by seeking federal relief for both […]

In recent years, shopping centers have combatted waned foot traffic and vacancies due to changing consumer shopping habits. Now, shopping centers are being forced to contend with another unwelcomed factor—COVID-19. Although the pandemic has already hit struggling retailers, some shopping centers are doing better than others, especially if they include a grocery store. As we […]

Last week the IRS issued guidance providing tax relief under the CARES Act for taxpayers with net operating losses. COVID Relief for taxpayers claiming NOLs Revenue Procedure 2020-24 (PDF) provides guidance to taxpayers with net operating losses that are carried back under the CARES Act by providing procedures for: waiving the carryback period in the case […]

On April 9th, The Federal Reserve announced they will provide an additional $2.3 trillion in loans to support the economy. This funding will add additional assistance to households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic. Here’s what was stated in […]

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 […]

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 a new kind of disruption to the […]

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 in employment, and aid in a post-virus […]