The CARES Act and Commercial Real Estate

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 […]

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(COVID-19 Update) CARES ACT

COVID-19 3-27-2020 UPDATE

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 […]

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(COVID-19 Update) Implications for Landlord-Tenant Relationships

COVID-19 Implications for Landlords and Tenants

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 […]

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(COVID-19 Update) Congress Agrees to $2 Trillion Coronavirus Relief Package

$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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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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