Economy

News

PA Governor Issues ‘Stay at Home’ Order for Entire State in Response to Coronavirus

John Jordan |

The stay at home order went into effective April 1 at 8 p.m. Previously, there were 33 counties on statewide stay-at-home orders. The first orders were issued on March 23 for seven counties.

L.A. Apartment Rents Flat in March

Kelsi Maree Borland |

While the coronavirus disruption erupted in mid-March, it is still too soon to tell the total impact on apartment rents.

Features

ASVB Donates Millions to Local Charities

Lisa Brown |

Eric Fox of Cushman & Wakefield was recently inducted into the Association of Silicon Valley Broker Hall of Fame, where event proceeds are donated to selected charities that are recognized for life-changing efforts.

Features

US Housing Deficit Could Grow Due to Coronavirus

Kelsi Maree Borland |

The economic disruption could amplify anxieties about homeownership for millennials.

Features

Coronavirus Leads to Tough Landlord-Tenant Negotiations

Les Shaver |

Sometimes it’s easier to work with a tenant in trouble than starting all over.

Research

Where the Job Losses Are

Erika Morphy |

The good news is that the states and metros hit hardest will generally be among the fastest growing over the ensuing recovery.

News

NAIOP Helping New Jersey Identify Properties for Health Care Conversion

John Jordan |

Michael McGuiness, CEO of NAIOP New Jersey, reports that half of the properties identified for possible conversion are located in Hudson and Bergen counties.

Features

KIMC: Some Assets Classes May Not Recover From This Disruption

Kelsi Maree Borland |

Social distancing could create some long-lasting cultural changes that will rock asset sub-classes like co-working.

Phoenix Retail Most Impacted by the Coronavirus Pandemic

Kelsi Maree Borland |

Rising interest rates and restricted capital is also a major impact on the Phoenix market.

MJW Investments Launches $500M Fund

Kelsi Maree Borland |

The value-add multifamily fund increased from $300 million to $500 million after high interest from investors.