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2021: A New Look for Commercial Real Estate

2021: A New Look for Commercial Real Estate

Commercial real estate experienced a year like no other in 2020. With workers at home, office buildings are sitting vacant. And with the high unemployment numbers, some rent is not getting paid at all, or people are asking for a forbearance. The traditional retail...
Mortgage Rates in 2021: A Delicate Balance

Mortgage Rates in 2021: A Delicate Balance

In addition to changing the way people live, work, and purchase everything from groceries to computers, the pandemic has had a profound impact on the mortgage rates. Although it seems counterintuitive, record low mortgages have been a real bright spot in an otherwise...
Economic Crossroads: Dollar vs. Yuan

Economic Crossroads: Dollar vs. Yuan

The world economy has always placed the dollar at the top of the currency pile. But because of China’s positive response to the global pandemic and the pandemic’s subsequent hit on the world financial markets, the yuan is rapidly gaining ground. “We are extremely...
Empty Buildings Abound: Now What?

Empty Buildings Abound: Now What?

Ten months into the economic crisis caused by the coronavirus, and clearly the effects are being felt all across the country, including in the commercial real estate business. The entire country has changed long-established habits of shopping in strip malls, going to...