The world of retail is drastically changing every day. However, the COVID-19 pandemic has hit the United States economy in ways that many retailers could not have expected. From a surge in unemployment to nationwide store closures, there is much to be concerned about. Notwithstanding, retail stores are taking the pandemic in stride — innovating...
Read moreWithin just a few months, the COVID-19 pandemic has drastically altered the United States’ economy with devastating implications for both small and large businesses. The temporary closing of non-essential businesses like retail stores, coffee shops, bars, and restaurants has put millions out of work. Because of rampant unemployment and reduced income, consumers have shifted their...
Read moreAfter nearly seven weeks of business closures due to the COVID-19 pandemic, phase one of Florida’s three-part reopening plan was unveiled by Gov. Ron DeSantis on Wednesday, April 29. The initial reopening plan is known as “Phase 1: Safe. Smart. Step-by-Step. Plan for Florida’s Recovery.” The goal is to effectively reopen retail stores and restaurants...
Read moreWhen an unforeseen disaster strikes, it is every investor’s priority to continue protecting their investments. With the recent COVID-19 pandemic in full swing, many investors fear the commercial real estate (CRE) sector will face hard times for years to come. The following strategies will best assist you in protecting your investments from the unexpected. Predicting...
Read moreWith each new challenge that arises, there are unique lessons to learn. While there is no way to precisely predict the future of any industry, in the wake of the coronavirus pandemic, there are lessons professionals in the commercial real estate (CRE) sector can walk away with. These will help investors succeed in the future...
Read moreThe coronavirus pandemic has drastically changed the economy and created challenges and uncertainty for those in the commercial real estate industry and beyond. From heightened volatility in equity capital markets to altered lease agreements between landlords and tenants, the pandemic has created countless consequences in the realm of commercial real estate — the implications of...
Read moreThe far-reaching impact of the COVID-19 pandemic is being felt across countless industries including commercial real estate. Such unpredictability in the market is causing many to draw comparisons to the Great Recession of 2008, which significantly devastated the housing sector and commercial real estate. While some expect the current coronavirus crisis will have consequences similar...
Read moreIdle properties do not yield attractive returns. The last thing that any commercial investor wants is to be stuck with vacancies. To avoid stressful days and sleepless nights worrying about unoccupied spaces, Orlando property owners can implement the following proactive strategies to help attract tenants to their commercial properties. 1. Embrace Digital Marketing Techniques With...
Read moreCommercial real estate is at the top of many investors’ wish lists, and rightly so. It has proven over and over again to be a lucrative endeavor. However, no investor should just dive right in without first doing their due diligence. After all, the retail sector of real estate investment requires tremendous research and intel...
Read moreWhen looking for the right investment properties and the right place to pursue them in, growth and demand are the two most critical factors to consider. Therefore, if you are searching for a new property to add to your portfolio, consider the city with a booming, diverse economy, thriving tourism industry, expanding population, and an...
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