Industry News / Page 7

Arizona has passed a new tax reform that benefits every resident, from Veterans to hardworking individuals and even small businesses. After seeing record revenue growth, the state received $2 billion more in tax than last year. As such, the Arizona government has prioritized its taxpayers, who will receive the state’s record revenues, reducing every Arizonian’s […]

Governor Gavin Newson and legislative leaders of both the Senate and the Assembly have announced an extension of California’s statewide eviction moratorium until September 30th, 2021, and increasing compensation for California’s rent relief program to pay landlords 100% of unpaid rent. The eviction bill was passed on a 34-0 bipartisan vote in the state Senate […]

On June 24th, 2021 the Biden Administration announced a one-month extension of the CDC’s federal eviction moratorium through July 31st, 2021, originally scheduled to expire on June 30th, 2021. This extension was signed by CDC Director Dr. Rochelle Walensky, further preventing the eviction of tenants who are unable to make rental payments. More importantly, this […]

  The American Families Plan is the second part of President Joe Biden’s 10-year initiative, the counterpart to a $2.3 trillion infrastructure and jobs package, dubbed the American Jobs Plan. It is a $1.8 trillion economic proposal to support childcare, education, family leave, among other initiatives. It will be paid for by tax hikes on […]

How has the Nashville market faired in light of COVID-19? The Nashville market, like most, felt the adverse effects of COVID-19. The area most affected was hospitality, as tourism is an integral part of Nashville’s economy. The office sector was also drastically impacted by COVID-19, along with Nashville’s retail, particularly for privately owned businesses that […]

  Investors predict that the commercial real estate industry will noticeably begin to recover from the COVID-19 pandemic in 2021. Retailers will adjust to new norms, offices will alter space needs based on teleworking trends, centrally located industrial distribution space will increase assuming growth in e-commerce, and multifamily development will recalibrate based on renter demands. […]

CLICK HERE TO DOWNLOAD THE REPORT   After a turbulent 2020, full of closures, stay-at-home orders, and a lost holiday season, it is evident that the COVID-19 pandemic has devastated entire industries and brought incalculable financial loss. As we look forward to 2021, it is expected that the first half of the year will follow […]

With a new President taking office, another COVID-19 stimulus plan has been announced. Joe Biden released a two-step recovery and rescue plan which includes distributing $1.9 trillion in relief.   Key Elements to the American Rescue Plan Direct Cash Payments – Taking up the biggest chunk of the Rescue Plan is the additional $1,400 per […]

U.S. citizens are getting their second stimulus relief after President Donald Trump signed the latest $900 billion Congress stimulus package on December 27th, which included $25 billion for rental assistance, $300 billion in renewed Paycheck Protection Program, $14 billion for transportation aid, and $15 billion in relief for small businesses, specifically theaters and live entertainment […]