Featured Blogs
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 time since the coronavirus pandemic started in mid-March. The latest jobless claims figures from the Labor Department, […]
Read More....FAQs of the PPP
Last week we received the release from the SBA a set of Frequently Asked Questions (FAQs). They address forgiveness of Paycheck Protection Program (PPP) loans and provide guidance on general […]
Read More....Shuttered Charter School School Sold to Private Equity Firm
Leaders of a closed Philadelphia charter school have sold its building at Seventh and Sansom Streets to an affiliate of investment group Lubert-Adler for $11.8 million, most of which will […]
Read More....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 struggling during the pandemic. The president’s four orders extend unemployment benefits, provide a payroll tax holiday, defer student loan […]
Read More....US Jobs Report Shatters Expectations
Two months of record-setting payroll growth slowed in July but was still better than Wall Street estimates even as a rise in coronavirus cases put a damper on the struggling […]
Read More....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. After purchasing a sprawling 32-building industrial portfolio in Pennsauken, Peter Lewis said he’s already planning […]
Read More....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 stores, is bulking up with a $21 billion cash purchase of Speedway gas stations, a […]
Read More....Merchantville Church Buys former Danzeisen & Quigley Store
The former Danzeizen & Quigley store, a landmark building that’s been vacant since last year, is expected to become a church. A Merchantville congregation, High Place Church, has purchased the […]
Read More....Five Charts Illustrating Current U.S. Economic Trends
States are taking differing approaches to reopening and closing during the pandemic, and the economy has been feeling the impact. More than half of states have instituted statewide mask mandates […]
Read More....Philly Schools to Return Virtually in Fall
The Philadelphia School Board has voted to begin the school year online. The Board announced its approval of an all-virtual plan during a 7-1 vote on Thursday afternoon. Superintendent Dr. […]
Read More....Fed to Hold Rates Steady Based on Economic Data
The Federal Reserve held interest rates steady in a decision announced Wednesday that came along with a tepid outlook on the coronavirus-plagued economy. In a move widely expected, the central […]
Read More....Property Management with Safety in Mind
Let’s look at safety as it relates to property management. As a property manager, you have an important responsibility. Building tenants and owners all rely on you to keep the […]
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