Featured Blogs
Economic Momentum Weakens as US Enters the New Year
As the Federal Reserve signals its intention to raise interest rates soon to battle rising inflation, it’s been easy to overlook how well the economy performed over the past year […]
Read More....Bank Branch Closings Hit Another Record High
Last year produced another record-high number of bank branch closings with 3,601 locations shutting their doors, according to Federal Deposit Insurance Corp. data. The trimming of bank branches has been […]
Read More....Business Insurance: Top 5 Questions About Your Coverage
When you deal with business insurance, chances are that you are going to have a lot of questions that need answering. We put together the top five questions that we […]
Read More....Why Companies Aren’t Cutting Back on Office Space
In our monthly surveys of 5,000 American workers and 500 U.S. employers, and in our numerous conversations with managers, a huge shift to hybrid work is abundantly clear for office and […]
Read More....NJ Urban Enterprise Zone (UEZ) Limitations
New Jersey issued new guidance on changes to Urban Enterprise Zone (UEZ) program that goes into effect on January 1, 2021. The UZ-4 (contractor) and UZ-5 (business) exemption certificates are […]
Read More....Philadelphia On Track For Record Construction Activity In 2022
This year, Philadelphia is about to say “Yes In My Back Yard” to new development on an unprecedented scale. Over the course of last year, the Department of Licenses and […]
Read More....Top 10 Tallest Buildings Under Construction In Philadelphia In 2022
Given the number of new permits issued last year, Philadelphia appears on track for a record volume of construction this year. The majority of such construction is of the low- and […]
Read More....Drexel expert forecasts what the Philadelphia-area housing market will look like in 2022
As Greater Philadelphia’s residential real estate market continues to grapple with severely depleted inventory, a Drexel University expert projects buyers can expect much of the same from the local housing […]
Read More....1099 Forms Are Not Optional – Higher Scrutiny is Coming
The IRS is focusing their attention on 1099 reporting, since it is the agency’s main weapon against under reporting of income. We wanted to provide this reminder to ensure that […]
Read More....WCRE FOURTH QUARTER 2021 REPORT
MOMENTUM IN SOUTHERN NEW JERSEY & PHILLY MARKETS STYMIED BY SURGING OMICRON VARIANT Industrial Continues Record-Breaking Run, While Return-to-Office Plans are Again Delayed Commercial real estate brokerage WCRE reported in […]
Read More....CMBS delinquency rate sees uptick for first time since June 2020
For the first time in 18 months, the rate of delinquency among properties that secure debt in commercial-mortgage-backed securities loan portfolios saw an uptick in December 2021. That’s according to […]
Read More....Announced Store Closings in 2021 Approach an All-Time Low
Despite rising cases of breakthrough coronavirus infections and the resulting uncertainty over the efficacy of current vaccines against variants, the retail property market shows impressive signs of recovery at year-end. […]
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