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 […]
COVID-19 & CRE
Dedicated Resource Hub for Coronavirus News & Impacts in the Industry
Proposed California Legislation
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 […]
The U.S. Multifamily Market
Insights on the Stability and Predictability of the Sector COVID-19 has prompted substantial changes to lease activity, operations, renter behavior, and investment activity within the U.S. multifamily market. With growing calls for affordability and rent regulation already taking a toll on investment in the sector, the pandemic’s impact on renters’ employment status added fuel to […]
Landlord + Tenant Leverage
How to Enhance Property Value The COVID-19 pandemic disrupted the relationship between landlords and tenants, with the outcome poised to change the commercial real estate industry. Landlords and tenants have found themselves in uncharted waters as a pandemic clause does not come standard in most commercial lease agreements. As non-essential businesses closed, tenants began to […]
The Factors Shaping the Future of Shopping Centers
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 […]
Self-Storage: Short-Term Pinch, Long-Term Gain
The self-storage sector is deemed recession-resistant by experts because the demand stems from life events such as moving, change in marital status, or downsizing. Self-storage REITs were among the few real estate investment trusts to produce positive returns during the Great Recession. As a result, self-storage development rapidly increased, and roughly ten percent of […]
NMHC Rent Collection Data Part 11
According to the National Multifamily Housing Council’s rent payment tracker, 79.3 percent of apartment households paid rent as of August 6th in its survey of 11.4 million units of professionally managed apartment units. This is a 1.9 percentage point decrease from those who completed their rent payment through August 6th, 2019, and compares to […]
HEROES Act, HEALS Act, and CARES Act
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 […]
Emerging Industrial Markets
The Top Metros Fueling Demand Industrial properties have been experiencing heightened demand in recent years with 277 million square feet of supply absorbed in 2019 alone. This demand is fueled by e-commerce, cold storage, and warehousing. When travel restrictions and stay-at-home orders were enacted nationwide, employers reacted by implementing teleworking abilities, which increased internet use […]