The CARES Act and Commercial Real Estate
Signed into law by President Trump last Friday, the CARES Act is designed to provide assistance to American workers, families, businesses, municipalities and health care systems through an over $2 […]
Read More....(COVID-19 Update) CARES ACT
The Senate and House have passed the CARES Act which is a stimulus package for the nation and includes several important opportunities for small business to receive assistance. The law […]
Read More....(COVID-19 Update) Implications for Landlord-Tenant Relationships
In light of COVID-19 and the evolving climate resulting therefrom, Commercial and Residential Landlords are being presented with difficult decisions necessitating quick response. Everyone agrees health and safety is the […]
Read More....(COVID-19 Update) Congress Agrees to $2 Trillion Coronavirus Relief Package
On Wednesday, March 25, 2020—after days of debate—Congress agreed to a $2 trillion economic relief package designed to provide financial assistance to Americans and their families, and billions of dollars […]
Read More....Despite Bleak Near-Term Outlook, Philadelphia Economy Should Survive Coronavirus
The coronavirus spread has reintroduced factors absent from in the national and Philadelphia commercial real estate markets economy for almost a decade: widespread fear and uncertainty. As we are early […]
Read More....SBA Disaster Loan Program
The Small Business Administration (SBA) is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the […]
Read More....WCRE COVID-19 (Coronavirus) Update & Announcement
Yesterday morning, WCRE decided to implement a “Social Distancing” policy for the next 2 weeks to help protect the public safety and our local communities. Due to this decision, our WCRE […]
Read More....U.S. Economy Records Another Month of Job Growth
For the second month in a row, U.S. firms active in the national and Philadelphia commercial real estate markets blasted past hiring expectations, adding 273,000 net new jobs in February […]
Read More....Optional Standard Mileage Rate for Business Use of an Automobile
The IRS has announced that the optional standard mileage rate for business use of an automobile (including vans, pickup trucks and panel trucks) effective January 1, 2020 will be a […]
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