Beleaguered by infections, hiring gets off to slow start in 2021. Employers expanded payrolls by a modest 49,000 jobs last month following a loss of 227,000 positions in December. January’s mild employment gain underscores the ongoing weight of the health crisis on economic growth…
Read MoreEven after the challenges of 2020, the outlook for commercial real estate in 2021 looks bright. This is supported by several key factors…
Read MoreGDP grew at 4% annualized pace in 4Q 2020, roughly in-line with expectations. Economic activity shrank a total of 3.5%…
Read MoreApartment loan rates are up about 30 to 40 basis points from a couple of weeks ago. What should this mean for your future multifamily investments?
Read MoreWith inaugural festivities concluded, President Biden and his administration must now tackle the enormous economic toll wrought by the coronavirus pandemic. Last week Biden proposed a $1.9 trillion stimulus package that would support individuals, business and local governments, as well as a swifter vaccine rollout…
Read MoreAfter significant delay, Congress passed a stimulus bill that will serve to limit the threat of a double-dip recession after economic growth faltered…
Read MoreRenewed shutdowns end hiring streak. After seven consecutive months of employment growth and the creation of over 12.4 million jobs, employers shed 140,000 positions in December. A rise in COVID-19 infections and the resulting lockdown precautions added new burdens on businesses already challenged by the delayed stimulus…
Read MorePolitical division in Congress will limit the scope of legislative reform, providing consistency in policy that will help lay the groundwork for future commercial real estate investment…
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