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→
Murphy Says NO to Indoor Dining
The resumption of indoor dining has been put on hold by Gov. Phil Murphy, he...Continue reading→
