Washington lawmakers introduced a bill that would create a government-backed funding vehicle for struggling CMBS borrowers, according to the Wall Street Journal. Retailers that have introduced policies requiring masks...
The Federal Reserve extended its lending facilities through the end of the year, reports Reuters. Sycamore Partners has offered a $1.75 billion bid for J.C. Penney in a plan to combine it with Belk, according to the...
CNBC looks at how an eviction crisis might look in different states. Most New York office workers continue working from home, despite the city permitting their return in June, reports the Wall Street Journal. These...
Senate Republicans have yet to put forward their proposal for further coronavirus relief as extended unemployment benefits and eviction moratoriums come to an end. A pair of columns from Forbes examines what bills are...
Senator Kamala Harris introduced the Relief Act, which would ban evictions and foreclosures for a year, reports CNBC. Big banks are urging Congress to hurry up on another stimulus package as economic conditions are...
President Donald Trump announced his administration will provide $5 billion to help nursing home facilities counter the virus, according to the Associated Press. Rent growth at single-family rentals has slowed down...
U.S. home sales rose by more than 20 percent last month, reports the Associated Press. The pandemic has made the self-storage sector vulnerable to a downturn, according to The New York Times. These are among today’s...
Restaurants are closing as coronavirus cases surge, reports the Wall Street Journal. CMBS loans backed by lower-tier malls are showing increasing strain, according to Asset Securitization Report. These are among today...