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• Review of Key Provisions in Proposed California Legislation (SB-939) Impacting Commercial Real Property Owners and Developers
5/26/20
By:
Jonathan N. Zweig
Associate
Cox, Castle & Nicholson LLP
There is urgency legislation pending in the State of California known as Senate Bill No. 939 (“SB-939”) that proposes to add Section 1951.9 to the Civil Code (“Sec...
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• Most Employers in CBRE Study Favor Phased Return to Workplace
5/21/20
This report was provided by real estate services firm CBRE.
Most companies included in an analysis by CBRE plan to take a gradual, cautious approach to bringing employees back to their workplaces as governments begin to lift...
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• Retail Sales Plunge 16.4% in April
5/18/20
This report was written and provided to us by Wells Fargo Securities
By:
Tim Quinlan, Senior Economist
Wells Fargo Securities
Shannon Seery, Economic Analyst
Wells Fargo Securities
How Could it Get Worse?
March alread...
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• Black Swan Reset and the Fate of Commercial Real Estate
4/30/20
By Elliot M. Shirwo, Founder and Principal
BridgeCore Capital Inc
We are in the grips of a global black swan event.
The COVID-19 pandemic is having a near-catastrophic impact on most sectors of the world economy. For comm...
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• Resident Relief Foundation Launches Multifamily Industry Fundraising Effort to Address Impact of COVID-19 Pandemic
4/27/20
The Resident Relief Foundation (RRF), a nonprofit organization that provides rental assistance grants to help responsible residents pay rent during a temporary emergency, today announced the launch of the “Resident Relief Ini...
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• Production Pause Ripples Across L.A.'s Media and Entertainment Space
4/24/20
This report was provided to us by CBRE
•Social distancing regulations have slowed Los Angeles’s media juggernaut as movie theaters close and filming stops.
•The film industry occupies a considerable amount of regional com...
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• Here are Some Tips for Landlords and Tenants on How to Re-Open Office Spaces
4/23/20
In an effort to better prepare clients for post-COVID-19 recovery and the eventual return to the workplace, global real estate services firm Cushman & Wakefield has released Recovery Readiness: A How-to Guide for Reopening yo...
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• Bay Area Multifamily Rent Growth Tapering Off
4/20/20
This report was provided by Kidder Mathews
Due to the Coronavirus pandemic, six of the Bay Area’s nine counties cautiously put Shelter in Place orders into effect in early March 2020, effectively putting a halt to all non-es...
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• I-680 Corridor / Tri-Valley Office 1st Quarter 2020 Market Update
4/16/20
This report was provided by real estate services firm Kidder Mathews
The first quarter 2020 will be forever remembered for the onset of the new Coronavirus (COVID-19). The ramifications of the virus as it relates to impactin...
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• Inland Empire Industrial Market Maintains Strong First Quarter
4/15/20
This quarterly update was provided to us by real estate services firm Kidder Mathews
The Inland Empire industrial market did not show any slowing as market fundamentals held steady in the first quarter, despite effects of Co...
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• SoCal Office Execs Surveyed as to Expectations Over the Next Three Months
4/14/20
This industry update was provided by real estate services firm NAI Capital.
The pandemic has financially impacted tenants, but the full effect on the industry has yet to be seen. Coworking offices are looking like ghost town...
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• San Francisco Office Market Sees Uptick in Sublease Offerings in Q1 2020
4/10/20
This San Francisco 1st Quarter 2020 office report was provided by real estate services firm Kidder Mathews
The San Francisco office market experienced a rise in sublease availability and lower levels of leasing activity in Q...
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• Seattle Industrial Market Saw a Strong First Quarter 2020
4/06/20
This report was provided to us by the Seattle office of real estate services firm Kidder Mathews
The Puget Sound region’s industrial market 1st quarter results saw the vacancy rate decrease from 4.8% to 4.6% as net absorpti...
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• Property Owners and Businesses Suffering Financial Losses Should Consider Property Tax Appeals
4/06/20
In these current, crazy times, many property owners are facing a rapidly changing economic situation with the potential for significant negative financial impact to their businesses. In an effort to provide some assistance, w...
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• How to Respond to Rent and Loan Payment Obligations in Light of COVID-19
4/02/20
By:
Caroline W. Dreyfus
Partner
Corin M. Korenaga
Partner
Alicia N. Vaz
Partner
Cox, Castle & Nicholson LLP
As the beginning of April inches closer and the uncertainty of how long shelter at home orders will remain in ef...
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• Seen on the Street
3/31/20
This mural "America Needs Brains" was created and painted by Tristan Eaton and Saturno in 2017. It is on the side of the Graphaids' building at the corner of La Cienega Blvd and Blackwelder in eastern Culver City. Photo taken...
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• U.S. Economy Expected to Contract More than 5% Just Over the Next Two Quarters
3/27/20
This special commentary was written and provided by Wells Fargo Commercial Banking’s Economics Group
By:
Jay H. Bryson
Acting Chief Economist
Wells Fargo Bank
Executive Summary
The rapidly evolving COVID-19 outbreak and...
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• California’s COVID-19 “Stay at Home Order” to Test Force Majeure Provisions in Many CRE Contracts
3/25/20
This column was written by the law firm of Jackson Tidus, out of Irvine.
As most of you are already aware, on Thursday, March 19, 2020, Governor Gavin Newsom issued Executive Order N-33-20, a "Stay at Home Order" intended to...
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• RENTV and CA CRE Pros Reeling From the Passing of Jim Wiegandt at Banc of California
3/24/20
By Steve Bloom
While dealing with the complete upheaval in the world, many in the California commercial real estate community were dealt another severe blow last week with the loss of Jim Wiegandt, EVP and Head of Real Estat...
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• The Coronavirus—the Prognosis for U.S. Real Estate and Real Estate Finance Given Current Market Conditions
3/10/20
While there is only speculation about the Coronavirus’ long-term impact on the U.S. real estate and the real estate capital markets, we can anticipate the short-term consequences, starting with construction projects, accordin...
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