Author Archive

A Pipeline of Retail And Hotel Foreclosures Is Forming

via GlobeSt.com The rate at which retail and lodging loans are moving into foreclosure is far short of the levels predicted when the pandemic gripped the country last March, with just 12 loans representing $270 million of outstanding balance...

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Retail Rent Collections Eclipse 90% Mark For First Time Since Pandemic

via GlobeSt.com Total retail rent collections approached 91% last month, the first time since March 2020 that collections eclipsed the 90% mark. May collections clocked in at 90.85%, up more than a percentage point over April figures, accord...

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Landlords Are Ready to Restart Evictions Amid Pandemic; 11th Circuit Weighs Arguments

via GlobeSt.com As the weather heats up, so too does the fight to end the Centers for Disease Control and Prevention’s pandemic-related eviction moratoriums and restore landlords’ ability to take legal action against delinquent renters. ...

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Here are the Retailers Leading Rent Collections Right Now

via GlobeSt.com Salons and hair led the biggest month-over-month gains in rent collection in April, with increases of 8.21% and 9.97%, respectively, according to the latest Datex Property Solutions’ Tenant Track Report. They were followed ...

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An Oversaturated Flex Space Market Could Easily Deflate

via GlobeSt.com The flex office market already looks like it will see a comeback. Indicators range from the resurrection of WeWork into a publicly held company through a SPAC to a deal with JLL to market and lease co-working spaces in 38 loc...

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Gov. Newsom announces plan to pay rental housing providers 100% of rent owed

via CAANet.org Gov. Newsom today announced his intent to pay rental housing providers 100% of rent that’s gone unpaid because of COVID-19. “This is certainly welcome news, and we applaud Gov. Newsom for his commitment to making rental...

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May Becomes One of Best Months for Rent Collection During Pandemic

Via CoStar.com The number of U.S. apartment dwellers paying full or partial rent increased from April to May to one of the best figures during the pandemic, a signal of increasing recovery from the economic hardship since the onset of the he...

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SoCal industrial boom may prompt tighter air quality regulations

via TheRealDeal.com Southern California’s industrial market has been surging, but that has come at a cost to the environment. Warehouse operators may soon have to meet new air quality regulations or pay hefty fines for their emissions, ...

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Apartments Have Stabilized Earlier Than Expected

via GlobeSt.com In Q1 2021, the US multifamily market stabilized a quarter earlier than expected, according to a new report from CBRE. While vacancy rose by 20 basis points to 4.7% in the quarter, the average rent rose 0.4%. That was the ...

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TOMORROW LIVE at 11AM – Extreme Makeover: Apartment Edition

via AptMags.com WHEN: 11:00 A.M. – 12:00 P.M. on Friday, April 30, 2021 Please join us for another informative session of the Southland’s Top Property Managers and our panel of expert, Southern California-based, property managers who ...

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