Senate Republicans have yet to put forward their proposal for further coronavirus relief as extended unemployment benefits and eviction moratoriums come to an end. A pair of columns from Forbes examines what bills are being discussed and what the impacts could be if no measures are passed. A piece from the Wall Street Journal looks at how some companies have begun to see the limitations of the work-from-home model. These are among today’s must reads from around the commercial real estate industry.
America’s Race Movement Affects You, Too
Symbols matter, but there’s much more to be done.
Can Covid Spread With Air Conditioning? HVAC Makers Plan Upgrades
Many of the methods to reduce pathogens have been around for years, such as UV light and bipolar ionization.
Becoming a Part of the Conversation
In some cases, this discourse might be related entirely to the business aspects of commercial real estate investing.
10 Must Reads for the CRE Industry Today (July 25, 2020)
Senator Kamala Harris introduced the Relief Act, which would ban evictions and foreclosures for a year, reports CNBC. Big banks are urging Congress to hurry up on another stimulus package as economic conditions are worsening, according to Business Insider. These are among today’s must reads from around the commercial real estate industry.
Facebook Office Outside Seattle Put Up for Sale by Developer
Block 16, a new 343,528-sq.-ft. property in Bellevue, Wash. is being marketed for sale.
Eight Must Reads for the CRE Industry Today (July 24, 2020)
President Donald Trump announced his administration will provide $5 billion to help nursing home facilities counter the virus, according to the Associated Press. Rent growth at single-family rentals has slowed down considerably, reports GlobeSt.com. These are among today’s must reads from around the commercial real estate industry.
Office Building Health and Safety Now Requires Extra Spending. But Who Will Foot the Bill?
Depending on lease terms, expenses related to COVID-19 might fall on the tenants and not office owners.
Fannie-Freddie Risk Bonds Threaten Big Losses for Fund Managers
Fund mangers could lose $2 billion on credit-risk-transfer securities, which shift the risk of borrower defaults from the GSEs to private investors.
Remote Work Means Pay Cuts for White Collar Workers in NYC
In cities including New York, San Francisco and Seattle the high cost of living led to higher wages. Remote work might change that.