Walgreens Boots Alliance will soon have doctor offices inside of hundreds of its U.S. drugstores. The pharmacy chain said Wednesday it has struck a deal with VillageMD, which will staff and run the primary-care clinics. The companies said they will open… Read More
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Wave of Rescue Capital Moves Ahead of Opportunistic Buyers
Rescue capital is hoping to beat opportunistic investors to the punch when it comes to providing needed liquidity to distressed commercial real estate. Although both groups are hoping to generate alpha returns, rescue capital aims to provide a shorter term… Read More
E-Commerce Boom = 1 Billion SF of Warehouse Demand
With online sales proliferating during the coronavirus pandemic, the U.S. is going to need more warehouses to store hoards of boxes and handle those orders. Holed up at home, and with many bricks-and-mortar stores temporarily shut, shoppers have turned to their computers… Read More
Biden Releases Economic Revival Plan
Presidential candidate Joe Biden has released a $700 billion “Made in All of America” plan to revive the U.S. economy. The plan calls for the federal government to spend $400 billion over four years on government purchasing of U.S.-made goods and… Read More
COVID-19 Pandemic is Rewriting the Rules of Retail
Retailers need to stop expecting business to return to “normal.” There’s no going back to how it was anytime soon. Even before the Covid-19 pandemic and economic crisis, brick-and-mortar retailers had been fighting a fierce battle against Amazon and other… Read More
Will Off-Price Retail Chains be Poised for LT Success?
A glut of excess inventory and a value-focused price point have set up deep discounters to outperform other retail sectors. Pre-COVID-19, off-price retail chains were some of the hottest picks in the sector, reporting increasing same-store sales and boasting plans… Read More
Exchange Investors Confront Supply Pinch & Rich Pricing
As commercial real estate investors scramble to meet a July 15 deadline for wrapping up 1031 exchanges, they’ve been running into trouble finding replacement properties. For one thing, there simply aren’t enough suitable like-kind assets to go around. “The coronavirus… Read More
How Has COVID-19 Impacted CRE Sales and Prices?
Commercial real estate markets have been in lockdown along with the rest of the country. The most visible sign of this lockdown is the collapse of sales transactions, which fell sharply as social distancing rules went into effect. Total sales… Read More
Top 10 Issues Affecting Real Estate (2020-2021)
The Counselors of Real Estate has identified the current and emerging issues expected to have the most significant impact on real estate for the foreseeable future, with the COVID-19 pandemic being the leading concern of the 1,000-member organization. 1. COVID-19… Read More
IRS Issues Proposed Regulations on 1031 Exchanges
On June 11, 2020, the U.S. Treasury Department released highly anticipated proposed Treasury Regulations on like-kind exchanges under Section 1031 (the “Proposed Regulations”).[1] The Proposed Regulations provide much-needed guidance on the topic of like-kind exchanges following the statuary changes to… Read More