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Why Wharton Equity Partners is Buying South Jersey Industrial Properties

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 […]

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7-Eleven to Pay $21B for 3,800 Speedway Gas Stations

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 […]

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Merchantville Church Buys former Danzeisen & Quigley Store

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 […]

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Five Charts Illustrating Current U.S. Economic Trends

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 […]

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Philly Schools to Return Virtually in Fall

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. […]

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Fed to Hold Rates Steady Based on Economic Data

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 […]

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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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Murphy Announces a New Relief Program for Small Businesses

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. The Small Business Lease – Emergency Assistance Grant Program (SBL-EAGP) will allow businesses in 64 […]

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Senate and White House Agree on $1 Trillion Aid Bill

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 negotiators on how to move forward with a coronavirus relief bill. The tentative framework comes amid tension in […]

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Real Estate Depreciation Change in CARES Act

Real Estate Depreciation Change in CARES Act

A welcomed change to real estate depreciation came in the recent CARES Act. We tax practitioners and certain taxpayers have been waiting for Congress to fix a key technical glitch […]

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Existing Home Sales Surge Nearly 21%

Existing Home Sales Surge Nearly 21%

Sales of existing homes jumped nearly 21% in June compared with May, according to the National Association of Realtors. It was the largest monthly gain since the Realtors began tracking […]

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NFL Agrees to Cancel 2020 Preseason

NFL Agrees to Cancel 2020 Preseason

The NFL Players Association and league’s owners have agreed to scrap the 2020 preseason while also reducing the size of training camp rosters.  Union executives informed players of the agreement […]

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