Over the past few weeks, an increasing number of states and municipalities have issued shelter-in-place orders, hoping to contain the COVID-19 outbreak from spreading further. We spoke to several industry insiders in locations with shelter-in-place orders. Here’s how they are staying sane and productive.
Commercial real estate borrowers who were hoping to capitalize on dramatic Fed rate cuts and a drop in the 10-year Treasury to refinance loans at record low rates may have missed their window of opportunity—at least for now.
JPMorgan Chase & Co.’s alternative-investments division is seeking to raise as much as $10 billion in an effort to bolster its spending power as the Covid-19 pandemic roils global markets.
Delivering food to New York City’s supermarkets isn’t easy even in normal times. Now, it’s become a supply chain conundrum that’s testing the nerves of grocers, truckers and manufacturers alike.
Some people are calling for rent strikes in cities like New York, Boston and Los Angeles, according to the Associated Press. Whole Foods workers are getting ready to stage a nationwide strike on Tuesday, reports Vice. These are among today’s must reads from around the commercial real estate industry.
