by SVN Commercial Advisory Group | Jan 12, 2021
Senior housing qualifies for a critical exception The Treasury Department is completing several multi-year tax regulatory projects that primarily relate to the Tax Cuts and Jobs Act of 2017 before the new Biden Administration. Chief among them are procedures for...
by SVN Commercial Advisory Group | Dec 28, 2020
Pandemic lockdown prompts innovation, resilience and helps with recruiting efforts However people may differ in their various opinions, we can all agree on this: 2020 has been a year to remember. When the corks popped during our parties on New Year’s Eve 2019, no one...
by SVN Commercial Advisory Group | Dec 22, 2020
The bill extends temporary relief from Troubled Debt Restructuring under the CARES Act for an additional year, to January 1, 2022. Finally, Congress has passed another stimulus measure. A $900 billion bill that includes several provisions beneficial to commercial real...
by SVN Commercial Advisory Group | Dec 18, 2020
Unemployment The Civilian Unemployment Rate (U-3) fell from 6.9% in October to 6.7% in November. The 0.2% month- over-month decline is the slowest rate of improvement since the Spring shutdown. While improvement is slowing, U-3 has recovered by 8.0% since April, when...
by SVN Commercial Advisory Group | Dec 7, 2020
Retail According to Moody’s Analytics / REIS reporting, signs of distress are spreading in the retail sector. The sector’s vacancy rate rose by 0.2% to 10.4% in the third quarter, reaching a seven-year high. Average asking retail rents declined 0.1% from the previous...
