Joe Biden, the presumptive Democratic candidate for president, today unveiled a 10-year, $775 billion plan to fund universal childcare and in-home elder care that would be paid for by taxing real estate investors. During a live appearance in Delaware this afternoon, Biden said the plan is “about easing the squeeze on working families who are raising their kids and caring for their older loved ones at the same time.”
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Restaurants are closing as indoor dining has been pushed back, reports the Wall Street Journal. CMBS loans backed by lower-tier malls are showing increasing strain, according to Asset Securitization Report. These are among today’s must reads from around the commercial real estate industry.
