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While the declines in asking effective rents are modest, most leases are being signed at levels below what those quoted rents would suggest. Performance hasn't gone off the edge of the cliff, but it is notably weakened for now.
Tony Natsis of Allen Matkins says that proposed bill SB 939, up for committee vote tomorrow, is too broad in terms of protected tenant classes and restaurants are the tenants that need the most help.
In spite of the recent pandemic-caused uncertainty, well-capitalized investors are positioned to provide liquidity to companies as they work toward and through the eventual rebound, writes Gino Sabatini of W. P. Carey.
Because of the COVID-19 pandemic, there is a demand for robotic fulfillment facilities that will support the online food delivery industry and these facilities will pick and handle groceries orders faster and better.
Student housing is poised for increased distress rates as leases expire and universities ponder if they will reopen campuses, according to a new report released by Trepp.