COVID-19 / Page 5

Multifamily Trends & Activity in Austin, TX Texas has one of the lowest tax burdens in the nation, which has caused many to migrate to the state. In 2019, the Austin metropolitan area added 37,800 new jobs, a growth rate of 3.5 percent, according to the Austin Chamber of Commerce. This makes Austin the second […]

A Closer Look at Austin’s Office Market Texas boasts no personal or corporate income tax, and overall the state has one of the lowest tax burdens in the nation. In 2019, the Austin metropolitan area added 37,800 net new jobs, a growth rate of 3.5 percent, according to the Austin Chamber of Commerce. This makes […]

In response to the spontaneous arrival of COVID-19, many investors took the wait-and-see approach to understand the virus’s full effect on commercial real estate. We have seen the impact on different net lease tenants, distinguishing those that can survive a downturn. Among those include tenants such as supermarkets, drugstores, office, and pet supply stores. Those […]

Commercial real estate investor’s confidence continues to return as the market improves. The Matthews™ Investor Outlook Survey conducted in September illustrates this with 42.35 percent of investors showing concern for COVID-19’s impact on CRE, a 12.82 percent improvement compared to last month. Industrial is booming with the launch in e-commerce sales, and multifamily investment swells […]

Industrial Trends & Activity in Phoenix, AZ   With the rapid job and population growth in Phoenix, paired with numerous businesses establishing industrial operations in the metro because of the affordable business environment, industrial properties are faring better than most. The policies enacted to prevent the spread of COVID-19 have affected both leasing and investment […]

Multifamily Trends in Los Angeles Markets Following the outbreak of the novel coronavirus, supply constraints continue to be the defining trait in the Los Angeles multifamily market. In 2019, Los Angeles achieved $11 billion in multifamily trades, and Q1 2020 held $2 billion. Even as one of the highest renter-to-owner ratios in the United States, […]

Cost segregation, or 179 Deduction, is a strategic planning tool that can assess an entity’s real property assets and identifies a portion of those costs that can treated as personal property. By identifying personal property to be segregated from the building, the studies can reassign costs that would depreciate over a 39-year period to asset […]

Click Here to Explore the Results While COVID-19 repercussions continue to transform our daily lives, the effects of the pandemic are still playing out. We reached out to CRE professionals in our database to gauge investor sentiment and near-term expectations regarding the election. As the market improves, investors continue to show increased confidence as indicated […]

Summary of AB 3088 — The COVID-19 Tenant Relief Act of 2020 (“CTRA”) The COVID-19 Tenant Relief Act of 2020, enacted by AB 3088, was passed by the California Legislature and signed by Governor Gavin Newson on August 31, 2020. Please see below information regarding AB 3088 and how to comply with the COVID-19 Tenant […]