Market Monday: June 2020 Multifamily Update

Monday, July 27th, 2020
Verani Commercial

The residential real estate business is booming right now, and this includes 1-4 unit multifamily properties as well as larger 5+ unit multifamilies. Single family homes have seen their heyday recently with little inventory and plenty of competition. While there have always been plenty of individuals looking to invest in multis, this number has recently increased, especially on smaller multifamily properties. With people being out of work due to layoffs and furloughs, many are going to look to offload their large mortgages and get into something more affordable. 

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Navigating COVID-19: 6 Tips for Business Owners

Tuesday, July 21st, 2020
Jennifer Camille

There's little doubt that small businesses have been some of the hardest hit through this COVID-19 pandemic. We might not know what it is going to look like, but there IS a "normal" in the future. Many businesses are barely staying afloat, forget thriving, but there are some things businesses can do now to try and be ahead of the curve.

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The "New Normal" Post Pandemic: Retail

Friday, July 10th, 2020
Verani Commercial

Could this be the jab to the throat brick-and-mortar retail was trying to avoid? Back in February forecasts were predicting that U.S. retail would see moderate growth somewhere around 2.8% in 2020. This was PC (pre-COVID), of course. Now, the newest available data is showing that U.S. retail sales will most likely decline 10.5% this year, and those getting hit the hardest will be brick-and-mortar retail stores.

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