The CARES Act and Commercial Real Estate
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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
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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
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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
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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
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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
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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
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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
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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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