The impact of the COVID-19 pandemic continues to unfold globally. The rapid pace at which the pandemic is spreading, and the global actions taken to reduce it, are having an unprecedented impact on the way we live and do business.
… Read the rest Commercial Real Estate Appraisal Birmingham AL
Commercial Real Estate: The Appraisal Process During COVID 19
COVID-19 has caused financial institutions to have difficulty obtaining appraisals for additional extensions of credit or changes to existing note terms.
In an effort to prevent the spread of COVID-19, federal, state and municipal governments have established strict restrictions on … Read the rest
Commercial Real Estate: The Impact of COVID-19 on the Hospitality Industry
The impact of COVID-19 on our lives and economy has been vast. It has affected just about every industry and the hotel industry is among the hardest hit.
Quick Facts:
- As of July 30th, more than half open hotel rooms
Commercial Real Estate Alabama: What is an Opportunity Zone?
What is an Opportunity Zone?
An Opportunity Zone is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment.
Localities qualify as opportunity zones if they have been nominated for the designation by … Read the rest
Commercial Real Estate: COVID 19 Will Impact Buildings of the Future
Everything evolves over time and how things are built is no exception. Architects strive to make everything more modern, taller, sleeker, energy efficient etc.
Events, for better or worse, mold and affect the way we live our lives and the … Read the rest
Commercial Real Estate: Is America Over-Retailed?
There are nine shopping malls per 1 million households in the United States according to report by UBS. This count is up from eight per million in 1980. In 1980 retail stores did not have websites. So, despite the … Read the rest
The Impact of the Coronavirus on the Commercial Real Estate Sector
How will the coronavirus disease (COVID-19) impact the commercial real estate sector?
It’s hard to tell with a situation that is changing so rapidly on a daily basis, so it is important to remain attentive to government guidelines, directives, laws … Read the rest
Commercial Real Estate in 2020: A Great Year Ahead?
Growth Ahead is the Prediction
We are well into 2020 and according to many outlooks and reports we have a stellar year ahead. As CBRE has predicted 2020 could be “one of the strongest years on record” for the commercial … Read the rest
