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Data and analytics firm GlobalData also has forecast a 6.6% fall in construction output for North America this year, which is equivalent to a drop of $122.4 billion in projects.
Retailers like American Eagle Outfitters, Rent-A-Center and Urban Outfitters, and restaurant chains like Cracker Barrel and Texas Roadhouse are now eligible for Main Street loans.
COVID-19 continues to claim retail victims. Just before the pandemic began to spread across the US, Pier 1 filed for Chapter 11 bankruptcy. At the time…
The $36-million loan for 180 Townsend office building closed amidst the recent capital markets turmoil resulting from the COVID-19 outbreak, while maintaining the same terms as originally set forth.
The CEO of Global Net Lease says COVID-19 has not had a negative impact on the company, which just announced it had closed on a multi-property refinancing for $76,4 million of several properties throughout France.
Landlords must navigate local, state and federal restrictions on traditional enforcement mechanism available to address nonpayment of rent under their lease and Florida law.
Gov. Ron DeSantis' move to ban vacation rentals sparked intense pushback from property owners, management companies and some local government officials, especially in the Panhandle.