COVID-19

Article by:  Real Estate Alert Continued uncertainty about the duration and long-term impact of the coronavirus pandemic on multi-family properties is causing a disconnect between the pricing expectations of potential buyers and sellers. Read the full article:  https://bit.ly/2yLOEuU

Article by:  Alby Gallun The Cook County assessor has unveiled his plan to reduce the tax burden on most residential and commercial properties to account for the coronavirus pandemic. Read the full article: https://bit.ly/3dhd3Yb

Article by:  Mike Troy Undeterred by COVID-19, Dollar General managed to open 250 stores during a first quarter period that also saw same store sales surge 21.7%. Read the full article:  https://bit.ly/3cesf7a

Article by:  Steve Cuozzo Six million square feet of expensive, newly-minted and as-yet unleased office space coming to market in the midst of one of New York City’s most catastrophic times might sound like too big a pill to swallow. Read the full article:  https://bit.ly/2AjWV9H

Article by:  Andrea Zander Cushman & Wakefield recently analyzed responses from more than 40,000 individuals globally in the largest known survey conducted on work-from-home experiences during the COVID-19 pandemic, providing insight into how employees are coping and what the new normal will look like as offices reopen. Read the full article:  https://bit.ly/2TLF8zm

Article by: John Doherty Apartment executives are wondering whether the high rates of rent payments during record U.S. unemployment can last. Read the full article:  https://bit.ly/3daWpty

Article by:  STR “As the COVID-19 pandemic reshapes the world of travel, we investigated the impact on accommodation choices among international travelers. This piece builds on our analysis of propensity to travel in key English-speaking countries, in which we learned that desire for travel has declined but remains strong overall. ” Read the full article: …read more

Article by:  Rosie Trussler “Based on conversations our team have had with many of our landlords and tenants in the last few weeks, we have listed 9 changes that we predict businesses will consider when choosing an office.” Read the full article:  https://bit.ly/3g24bHX

Article by:  John Gittelsohn and Jack Sidders The world’s biggest real estate investors are sitting on piles of cash, preparing for once-in-a-lifetime opportunities created by the pandemic. Read the full article:  https://bit.ly/2yfHBdG

Article by: Hayley Peterson Retail companies have so far confirmed at least 3,000 stores slated for closure in 2020, according to a Business Insider analysis. Here’s a list of the stores expected to close this year. Read the full article:  https://bit.ly/2Xe5bzQ