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The Small Business Administration is expected to lean on the private sector to help process the influx of loans offered through the CARES Act, which is intended to help millions of small and midsize businesses through SBA 7(a) loans.
Jamie Fleming, CEO of Seattle-based Altoura, is providing his company's software licenses for free and discounting its design services due to the very real dangers and pain COVID-19 has caused in his own back yard.
Local governments have been given authority over evictions during the pandemic, but court closures will be an obstacle for any landlords looking to pursue this path.
In Tribeca's East Historic District, 36 Walker St., a five-story walk-up building that retains its original tin ceilings, windows and interior brick walls, has sold for $8.75 million.
With this unprecedented global economic shakeup, Industrial Science Renaissance/IndSR is allowing brokerages and agents free use of its CRM platform, Foundry, for the remainder of 2020.
Real estate owner and developer BEB Capital has formed a new division offering bridge loans to meet the growing demand for last-mile distribution services. The new division will make loans on small to mid-sized assets on the East Coast, where BEB Capital operates.