Vacancy and Availability Rates Reached All-Time Highs During the Third Quarter By Joshua Ohl August 19, 2020 | 9:58 A.M. (Via: CoStar Analytics) The pandemic has acted as a millstone on office leasing in San Diego, which has largely been in a state of paralysis since March. The slowdown in the second quarter, when leasing volume fell to […]
Loan Relief During Pandemic Likely Masking Extent of Distress
Capital Markets Enter Uncharted Territory as Billions in Forbearance Deals Approach Their End Dates A Federal Reserve survey of bankers said debt distress may not show up until the third quarter. (iStock) By Mark Heschmeyer (VIA: CoStar News) June 11, 2020 | 07:27 AM As the coronavirus pandemic and mitigation efforts rolled out across the country […]
Proposition 13 Ballot Fight Intensifies with Coronavirus Pandemic
(Via: Joe Garofoli – San Francisco Chronicle) May 26, 2020 Updated: May 29, 2020 3:49 p.m. A proposed change to California’s sacrosanct Proposition 13 that seeks to raise $12 billion annually for schools and local government was already primed to be one of the hottest battles on the November ballot before the coronavirus pandemic hit. But the financial damage brought on […]