Third Annual WCRE Celebrity Charity Golf Tournament Raises $40,000
In its third year, built on the remarkable success of WCRE’s community commitment and annual...Continue reading→
Preparing Commercial HVAC Systems for Winter
With the fall season in full swing, it’s time to start preparing commercial HVAC systems...Continue reading→
City to Close Streets Around Stadiums on Game Days
There are still many ways to enjoy the game safely, and we encourage fans to...Continue reading→
Fed Indicates Rates to Stay Near Zero for Years
The Federal Reserve kept its pledge to keep interest rates anchored near zero and promised...Continue reading→
Pennsylvania Restrictions Ruled Unconstitutional
A federal judge on Monday ruled that some of Pennsylvania Gov. Tom Wolf’s restrictions implemented...Continue reading→
Retail Chain Century 21 Files for Bankruptcy
Century 21 has 13 stores mostly in New York City and the surrounding metropolitan area....Continue reading→
Jefferson to Build $762M Specialty Care Pavilion
Thomas Jefferson University and Jefferson Health unveiled plans Thursday to build a $762 million, 19-floor...Continue reading→
Mall Owners Simon and Brookfield to acquire J.C. Penney
J.C. Penney has reached a tentative deal to sell its business and stores to a...Continue reading→
PREIT drops plan for sale-leaseback of Moorestown Mall
The financially ailing owner of Moorestown Mall has terminated a plan to raise funds through...Continue reading→
New York’s Durst Selected to Develop Penn’s Landing
The Durst Organization of New York has been selected to redevelop Penn’s Landing, likely ending...Continue reading→
76ers to Decide on Penn’s Landing Facility
The nonprofit overseer of development along central Philadelphia’s Delaware River waterfront could decide as soon...Continue reading→
PA Restaurants Can Expand to 50% Occupancy On 9-21
Pennsylvania restaurants will soon be able to double their indoor occupancy to 50% capacity, Governor...Continue reading→
Unemployment Rate Falls to 8.4%
Nonfarm payrolls increased by 1.37 million in August and the unemployment rate tumbled to 8.4%...Continue reading→
Wolf Calls for Cannabis Legalization in PA
Governor Tom Wolf and Lt. Governor John Fetterman called on the legislature to take up...Continue reading→
NJ To Allow Indoor Dining for Labor Day Weekend
New Jersey restaurants will be allowed to resume indoor dining starting Friday, Governor Phil Murphy...Continue reading→
PA to Auction Casino Mini-License Again
Pennsylvania’s auction last year for a license to operate a new “mini-casino” attracted zero bidders...Continue reading→
N.J. Restaurants to Resume Indoor Dining
New Jersey bars and restaurants will be allowed to reopen their indoor dining sections with...Continue reading→
Center City Building Eyed for Sports Betting
Six local businessmen are zeroing in on 24,000 square feet in Center City for what...Continue reading→
Lord & Taylor Closing After 194 Years
Lord & Taylor, the first department store established in the United States, is officially going...Continue reading→
NJ Indoor Dining May Reopen Mid-September
With the state’s gyms allowed to reopen with restrictions next Tuesday, Gov. Phil Murphy said...Continue reading→
Lidl Adding More Stores in New Jersey
German discount grocer Lidl announced plans to open 10 more spots across New Jersey by...Continue reading→
How COVID-19 Can Impact Your Insurance Policies
Let’s look at how COVID-19 can impact your insurance policies. The new coronavirus (COVID-19) outbreak...Continue reading→
NJ to Reopen Gyms on September 1st
Governor Phil Murphy plans to announce New Jersey gyms may soon be allowed to reopen...Continue reading→
Chase Bank Continues Expansion Into South Jersey
Chase Bank has opened its fifth South Jersey office here, marking the halfway point for...Continue reading→
Retail Rent Collections Increase: But Still Off Almost 20%
Retail rent collections have continued to pick up, even as the coronavirus pandemic continues unabated...Continue reading→
NJ Unemployment Lowest Since Start of Pandemic
New Jersey’s jobless rate hit its lowest point since the start of the COVID-19 pandemic...Continue reading→
Cost Segregation Can Increase Cash Flow for Commercial Properties
Let’s look at how cost segregation can increase cash flow for commercial properties. Have you...Continue reading→
Philadelphia to Reopen Indoor Dining
Philadelphia will allow indoor dining at restaurants beginning Sept. 8, ending a nearly six-month ban...Continue reading→
WCRE Foundation 3rd Annual Celebrity Charity Golf Tournament
When? September 17th 2020 Registration Begins @ 12:00 pm Shotgun Start: 1:00 pm Costs? Golf,...Continue reading→
Retail Sales Slower Because of Autos
Retail sales rose 1.2% for the month, against the expected increase of 2.3% from economists...Continue reading→
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→
