COVID-19

News  

Virtual Warehouse Firm Puts Away $2.2M in Funding for New Space

Katheryn Tucker |

"Our vision is to bring advanced technology to the warehouse industry so we can reinvent the business, similar to what Airbnb created in one of the world's largest marketplaces for unique, authentic places to stay," Warehouse Exchange CEO Grant Langston said.

Home Service Demand Soars During the Pandemic

Kelsi Maree Borland |

HVAC, plumbing and electrical services have all increased during the pandemic’s stay-at-home orders, but data is helping to ease workflow.

News  

Investment Fund Manager Rescues Iconic Barbershop From Pandemic-Related Bankruptcy

Jane Wester |

The co-founders of Rudy’s Barbershop worked with Sortis executives to pay about $2.5 million for the barbershop and avoid the involvement of the distressed equity firms.

Asset Performance ‘Hard to Generalize’

Kelsi Maree Borland |

A panel of capital markets experts discuss the varying performance of commercial asset classes during the pandemic during a web series hosted by George Smith Partners.

News  

US Pension Fund Among Heavy Hitters Backing New Chelsfield Pan-Asia Real Estate Fund

Lidia Dinkova |

The fund secured total equity of $878.5 million that breaks down to $362.5 million in investment and two co-investment commitments, one for $150 million and another for $366 million.

News  

New Methods for Back-to-School Planning, Facilities Redesign

Natalie Dolce |

National architecture firm, WXY Architecture + Urban Design unveils a new approach to K-12 and higher-education facilities design, developed jointly with teachers and school communities.

News  

Bedrock Temporarily Waives Rent for Detroit Tenants In Favor of A Percentage of Sales

Suzette Parmley |

Also, small businesses and restaurant tenants that received rent abatement for April and May can continue to do so for June.

Features  

A Leader’s Pandemic Playbook

Ingrid Tunberg |

CRE was one of the first industries to be hit by COVID-19. Fortunately the industry is gifted with exceptional leaders that quickly stepped up to the plate to combat the crisis. Here's what they did.

Commentary  

There Is Only One Miami Beach: A Look at the Next Generation of Residents, Investors

Logan E. Gans |

Health and safety must remain everyone’s first concern, but while keeping those foremost in mind, I believe there is room to be optimistic in the long-term about South Florida’s economy, given our area’s attractiveness to residents from other states and foreign individuals.

Commentary  

Bad Actors Of All Kinds are Taking Advantage of Rent Relief Initiatives

Tony Natsis |

Although many tenants have a legitimate need for such protection during the pandemic, such a large focus on and empathy for tenants is also being abused by certain "bad actor" tenants.