Americans Filing for Unemployment falls Below 1M
The number of laid-off Americans applying for unemployment benefits fell below 1 million last week for the first... Continue reading→
FAQs of the PPP
Last week we received the release from the SBA a set of Frequently Asked Questions... Continue reading→
Shuttered Charter School School Sold to Private Equity Firm
Leaders of a closed Philadelphia charter school have sold its building at Seventh and Sansom... Continue reading→
Trump Signs Relief Order After Congress Fails to Act
President Donald Trump on Saturday signed a series of executive orders expanding coronavirus economic relief to Americans... Continue reading→
US Jobs Report Shatters Expectations
Two months of record-setting payroll growth slowed in July but was still better than Wall... Continue reading→
Why Wharton Equity Partners is Buying South Jersey Industrial Properties
Why a New York real estate investor is betting big on South Jersey’s industrial market.... Continue reading→
7-Eleven to Pay $21B for 3,800 Speedway Gas Stations
Seven & i Holdings Co., the world’s largest convenience store retailer and parent of 7-Eleven... Continue reading→
Merchantville Church Buys former Danzeisen & Quigley Store
The former Danzeizen & Quigley store, a landmark building that’s been vacant since last year,... Continue reading→
Five Charts Illustrating Current U.S. Economic Trends
States are taking differing approaches to reopening and closing during the pandemic, and the economy... Continue reading→
Philly Schools to Return Virtually in Fall
The Philadelphia School Board has voted to begin the school year online. The Board announced... Continue reading→
Fed to Hold Rates Steady Based on Economic Data
The Federal Reserve held interest rates steady in a decision announced Wednesday that came along... Continue reading→
Property Management with Safety in Mind
Let’s look at safety as it relates to property management. As a property manager, you... Continue reading→
Murphy Announces a New Relief Program for Small Businesses
Governor Murphy announced a new relief program for small businesses impacted by the COVID-19 pandemic.... Continue reading→
Senate and White House Agree on $1 Trillion Aid Bill
Senate Republicans announced Wednesday evening that they have “reached a fundamental agreement” with White House... Continue reading→
Real Estate Depreciation Change in CARES Act
A welcomed change to real estate depreciation came in the recent CARES Act. We tax... Continue reading→
Existing Home Sales Surge Nearly 21%
Sales of existing homes jumped nearly 21% in June compared with May, according to the... Continue reading→
NFL Agrees to Cancel 2020 Preseason
The NFL Players Association and league’s owners have agreed to scrap the 2020 preseason while... Continue reading→
NJ expands travel advisory self-quarantine to 31 states
The COVID-19 rebound has slowly crept toward the Northeast, an area the virus slammed in... Continue reading→
NJ To Offer Remote-Learning Option For Schools
The Department of Education will provide guidance later this week for parents that will allow... Continue reading→
Trump to Resume Coronavirus Briefings
President Donald Trump said that he will resume holding coronavirus press briefings at the White House, likely... Continue reading→
PA Makes $50M Available for Hazard Pay Grants
Governor Tom Wolf announced the availability of $50 million in grant funding to help employers... Continue reading→
Do You Need A Corporate Move Management Company
Selecting a move management company that’s right for your business is critical for an office... Continue reading→
Eagles Fans Won’t Be Attending Home Games
Philadelphia officials said Tuesday that fans would not be allowed to attend professional sports games... Continue reading→
Falling Occupancy and Rent Reductions to Cause Cap Rate Increases
The prospect of falling occupancies and rent reductions will cause cap rates to rise. COVID-19... Continue reading→
Cherry Hill Schools Draft Reopening Plan
Extensive school sanitizing, masks for everyone in school nearly all the time and a hybrid... Continue reading→
Philadelphia Cancels All Large Public Events
All large-scale public events will be canceled through Feb. 28, a city spokesperson confirmed Tuesday.... Continue reading→
Murphy to Lift NJ Transit 50 Seat Limit
New Jersey Gov. Phil Murphy said Monday the 50% capacity limit for New Jersey Transit... Continue reading→
Large Restaurant Chains Recovering Faster
Big restaurant chains have largely recovered from the coronavirus pandemic, but the rest of the... Continue reading→
WCRE SECOND QUARTER 2020 REPORT
UNDER SEVERE CORONAVIRUS RESTRICTIONS, THE SOUTHERN NEW JERSEY & PHILLY CRE MARKETS STILL OUTPERFORMED EXPECTATIONS... Continue reading→
Protecting Your Business During Civil Unrest
Civil unrest can create unique challenges for businesses. Specifically, business owners face the risk of... Continue reading→
Murphy to Require Masks Outdoors
Phil Murphy said he’ll sign an executive order Wednesday mandating that masks or other face... Continue reading→
Air Travel Increases But Still Off 70% from Last Year
An average of 661,811 people a day passed through Transportation Security Administration checkpoints in the... Continue reading→
Huge Increase in Hiring Nationally After Record Layoffs
The job market took a big step toward healing in May, though plenty of damage... Continue reading→
Office Projects Are Changing in Response to COVID-19
Since the onset of the COVID-19 pandemic in March, workplace safety concerns and reduced demand... Continue reading→
Murphy: Travelers From Delaware Should Quarantine
As a key indicator of the contagion inches upward, New Jersey is now calling for... Continue reading→
Strong Jobs Report Amid More Closings
U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million... Continue reading→
Masks Mandatory in all PA Public Places
Governor Tom Wolf announced Wednesday that masks are now mandatory whenever you leave your home... Continue reading→
Senate Reaches Deal to Extend PPP
The Senate reached a surprise last-minute deal late Tuesday to extend the small-business Paycheck Protection... Continue reading→
Why Smart Buildings Matter to Commercial Real Estate Owners
Let’s look at why smart buildings matter to commercial real estate owners. Energy cost savings... Continue reading→
WCRE Appointed Exclusive Agent to Market 128,000 SF Medical Office Opportunity in Philadelphia, PA
Wolf Commercial Real Estate (WCRE) is pleased to announce that it has been appointed exclusive... Continue reading→