Coronavirus and CRE
March 30, 2020
Tech-Driven Brokerage Elegran Begins Financial Hibernation During CoronavirusElegran, a tech-driven real estate brokerage firm headquartered in New York, is making an effort to preserve cash, negotiate vendor contracts, study available data and communicate with its clients to weather the effect of the coronavirus pandemic, says CEO Michael Rossi.
March 27, 2020
Task Force Created for Mortgage Firms' Liquidity ShortfallTreasury Secretary Steven Mnuchin wants to receive recommendations by March 30.
March 27, 2020
Property Owners' Legal Responsibilities During the CoronavirusLandlords have some degree of responsibility in the protection of an occupant's health and safety, this includes taking reasonable steps to protect commercial tenants and their customers.
March 27, 2020
Stan Johnson Broker: It's Hard to Predict How the Market Will ReactThis is event is unprecedented, making it difficult to predict the path toward recovery.
March 27, 2020
What One Still-Active Lender Has to Say About Deals"A situation with people being out of work for greater than four months would ultimately hurt their ability to pay rent."
March 26, 2020
How the Pandemic Will Impact Retail RentsCGS3 attorney Chris Rizza says that retail rents will dip in the short term as landlords work with tenants to curb defaults.
March 26, 2020
Where CRE Liquidity Stands TodayWith the CMBS market frozen, lenders that rely on this exit strategy are staying put.
March 26, 2020
Borrowers Adjust Footing In Volatile Capital Markets, Coronavirus PandemicBorrowers are reassessing their current deals in the pipeline amid the coronavirus pandemic, bearing down on the underwriting of assets and consulting with lenders on existing loans and new loans to close deals as quickly as possible.
March 26, 2020
UCLA Economist: REIT Pricing Suggests CRE Values Have Repriced LowerWith so much market volatility and general uncertainty, it has become challenging to price deals.
March 25, 2020
How One Condo Developer Is Getting Deals Done DigitallyOptima Kierland has transitioned to all-digital showings in response to the pandemic, and has completed two sales.