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Economic Update | March 5, 2021

Minimum Wage  One of the more publicized and contentious sticking points of the incoming-Biden Administration stimulus package is the potential inclusion of a $15/h minimum wage. According to the Congressional Budget Office, a strictly nonpartisan Agency, raising the...

What the Stimulus Measure Offers CRE

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...