Industry News / Page 9

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 […]

With the CARES Act benefits past the July 31st expiration, Congress is in talks of a second stimulus package to further the economy. The effects of COVID-19 are still unknown, but the U.S. market has seen improvement. RCA cited that commercial real estate transaction volumes steeped to $44.7 billion in Q2 2020. This marks the […]

According to the National Multifamily Housing Council’s rent payment tracker, 76.4 percent of apartment households paid rent as of September 6th in its survey of 11.4 million units of professionally managed apartment units.   This is a 4.8 percentage point decrease from those who completed their rent payment through September 6th, 2019, and compares to […]

Click Here to Explore the Results While COVID-19 continues 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. Here Are Our Key Findings: Investor confidence is returning as COVID-19 cases rescind Investor concerns mount […]

The Launch of Opportunity Zones As part of the Tax Cuts and Jobs Act, the opportunity zone provision is designed to encourage investment and economic growth in specific low-income communities, in turn offering federal tax incentives to the taxpayer who invests in a business located in one of these zones. The final regulations were released […]

Beneath the cloud of uncertainty presented by COVID-19, some retailers are thriving in the current environment. Dollar stores, the popular discount retailer segment, are expanding and at rapid rates in today’s environment. They have gained attention as success stories in the country’s most economically distressed places- mostly rural counties that have few retail options. The […]

How Markets Across the U.S. Are Fairing The economic uncertainty brought on by COVID-19 is unlike anything the real estate industry has experienced. The effects have been wide-ranging and have caused massive disruption to daily lives and businesses, including commercial real estate. Just a couple months ago, the economy was doing great, unemployment was at […]

Here’s an update on all proposed COVID-19-related legislation that would impact multifamily and commercial properties within California. Matthews™ is committed to keeping the commercial real estate community informed and will continue to offer our services during these market changes. For more information, please contact a Matthews™ specialized agent. Proposition 15- Split Roll Tax on Commercial […]

  Click Here to Download the Report In March, Congress signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, for $2 trillion in economic relief. With the ongoing events surrounding COVID-19, the Senate proposed a second stimulus package, the Health, Economic Assistance, Liability Protection and Schools (HEALS) Act. This comes after the House of […]