Featured Blogs
The Path to Recovery for Hotels Is Paved With Luxury
In the first quarter of 2021, luxury chain-affiliated hotels in the U.S. reported average daily rate growth of 3.4% compared to the first quarter of 2020. In other words, those […]
Read More....New York, New Jersey Marijuana Legalization May Spark Flurry of Commercial Real Estate Activity
New York and New Jersey passed laws legalizing recreational marijuana roughly within a month of each other this year, moves expected to spur demand for cultivation sites, processing centers and […]
Read More....Who Is Responsible for Renovations in Commercial Leases?
As a commercial landlord, you want to ensure your tenants have a well-maintained space where they can run their business. However, it’s not always clear where the responsibilities lie. If […]
Read More....CDC Says Fully Vaccinated Don’t Need to Wear Face Masks
Fully vaccinated people no longer need to wear a face mask or stay six feet away from others in most settings, whether outdoors or indoors, the Centers for Disease Control […]
Read More....Philadelphia to fully reopen in June
Mayor Jim Kenney announced Tuesday afternoon that the City of Philadelphia will drop its “safer at home” restrictions put in place due to the COVID-19 pandemic on June 11. However, […]
Read More....Understanding Section 45L & Section 179D Tax Credits
The recently enacted Covid-19 relief package titled “Consolidated Appropriations Act, 2021” has extended the Federal Energy Tax Credit (Section 45L) through December 31, 2021 and made the Energy Efficient Commercial […]
Read More....TODD MONAHAN JOINS WCRE AS EXECUTIVE VICE PRESIDENT & MANAGING DIRECTOR TO LEAD PA & NJ GROWTH
Monahan brings more than 30 years’ experience to WCRE Wolf Commercial Real Estate (WCRE) proudly announces the hiring of Todd Monahan to lead the firm’s growth in the Pennsylvania & […]
Read More....PA to Lift COVID Mitigation Orders on Memorial Day
Pennsylvania will lift all COVID-19 restrictions – except an order to wear a mask while in public – on Memorial Day, the Wolf administration announced Tuesday. Capacity restrictions on bars, […]
Read More....Covid-19 is affecting CRE lease negotiations. Here’s what experts are seeing.
How will Covid-19 affect the future of commercial real estate? It’s a multibillion-dollar question that’s been debated since the start of the pandemic. With many businesses still plotting their returns to […]
Read More....NJ Lifting All Capacity Restrictions on Restaurants, Outdoor Events
New Jersey will end many of its Covid-19 capacity restrictions on May 19, Gov. Phil Murphy announced Monday. Murphy is set to lift capacity limits on businesses, allowing for any […]
Read More....Philadelphia’s Building Energy Performance Policy
Understanding Philadelphia’s Building Energy Performance Policy. As cities and municipalities look to implement solutions that will reduce carbon emissions, Pennoni is positioned to help meet the voluntary or mandatory requirements […]
Read More....THE $5 BILLION DECADE: Even through the pandemic, University City remains a hotbed of development.
Throughout the pandemic, real estate development has ramped up in University City where in excess of $5 billion has been spent on construction projects over the past decade. Billions more […]
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