Shopping Centers / Page 8

A Post-Pandemic Reality While shopping center retailers are undoubtedly being affected by COVID-19, there is still positive growth and activity for shopping centers as they learn to adapt to the ever-changing consumer sentiment, the rapid advance of technology, and now, the coronavirus. Many department stores, the leading drivers of foot traffic, are leaving behind malls […]

Covid-19 upheaved the economy and spread uncertainty around the nation, Matthews™ is committed to keeping investors informed on market conditions by breaking down CRE trends and the movements investors should keep on their radar. Top 10 Trends in Commercial Real Estate  A new shopping center retail market Changing consumer preferences A growing e-commerce presence Localization […]

Click here to download full report With the nation on the road to reopening, retailers are reflecting on the disruption created by COVID-19, an estimated $150 billion in sales was lost in April. Over the last two months, 75 percent of non-essential retail stores remained closed, and 1.3 million U.S. store employees were furloughed. The […]

The United States economy has been in a near-total shut down for all of April, and many states are remaining in lockdown until the end of May or later. In the past six weeks, widespread business closures have left a lasting impression on the overall market, and initial claims for unemployment insurance have been sky-high […]

The coronavirus pandemic has upended the commercial real estate economic outlook for 2020 with mass layoffs, decreases in consumption, and a downturn in economic activity. This unique and unprecedented period has the potential for 18 months of disruption, and many leading financial institutions predict a recession. Although many like to compare today’s economic troubles to […]

In recent years, shopping centers have combatted waned foot traffic and vacancies due to changing consumer shopping habits. Now, shopping centers are being forced to contend with another unwelcomed factor—COVID-19. Although the pandemic has already hit struggling retailers, some shopping centers are doing better than others, especially if they include a grocery store. As we […]

Last week the IRS issued guidance providing tax relief under the CARES Act for taxpayers with net operating losses. COVID Relief for taxpayers claiming NOLs Revenue Procedure 2020-24 (PDF) provides guidance to taxpayers with net operating losses that are carried back under the CARES Act by providing procedures for: waiving the carryback period in the case […]

On March 27th, 2020 President Trump signed into law a historic $2 trillion stimulus package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This stimulus package will help jolt the sudden stop we’ve seen in economic activity in the U.S., reduce the risk of a larger decline in employment, and aid in a post-virus […]

With COVID-19 presenting some new challenges to the evolving retail industry; Shopping centers, restaurants, grocers, and other retailers are taking action to prevent the spread of the outbreak. These actions include temporarily closing, adjusting store hours, offering curbside pick-up, and encouraging online shopping. Many CRE experts have shared their concerns to business flow and progress […]