NREI Daily
Wealth Management FinTech
 

MARCH 18, 2020

Top Story

Finance & Investment

In the Short Term, CRE Will Take a Hit. But Real Estate Economists Advise Investors Not to Panic

NREI was able to talk with Michael Knott, head of U.S. company and sector research at Newport Beach, Calif.-based Green Street Advisors, and Andrew Rybczynski, managing consultant at CoStar Portfolio Strategy, about their current outlook for the rest of this year. Here are their responses.

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Analysis

Multifamily

Coronavirus Fuels Indecision Among Multifamily Investors

If activity in Asia is any guide, expect a short-term dip in volume with a cautious recovery as the rate of infection slows.

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Resource Center

Property Management

Updated: Commercial Real Estate Industry Coronavirus Resource Center

This page has been updated with news and guidance from from Corenet Global and National Apartment Association, among others.

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IRS Establishes Specialized Coronavirus Info Site

The Internal Revenue Service recently created a website to act as a consolidated hub of information regarding the coronavirus’ effect on taxpayers.

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CRE Investors Need a Reliable Data Source

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NREI Wire

Cash Handouts Are Gaining Support in Congress as Best Virus Fix

Senators Mitt Romney and Tom Cotton have proposed giving either a check or a cash stipend to every American.

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Sheldon Adelson’s Las Vegas Casinos Stay Open in City Divided Over Virus

The owner of the Venetian hotel and casino hopes that safety precautions will be enough.

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10 Must Reads for the CRE Industry Today

Amazon to stop accepting products other than medical supplies and household items at its warehouses, reports Business Insider. The coronavirus sends shares of seniors housing facilities into a tailspin, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

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