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Rental Market 'Could Get Ugly’ Without More Unemployment Aid, Industry Leaders Say
The $600 weekly federal unemployment benefits run out July 31, and the expiration could hurt the rental market if more assistance is not provided.
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The $600 weekly federal unemployment benefits run out July 31, and the expiration could hurt the rental market if more assistance is not provided.
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The how and where of repurposing a department store
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The Gensler-designed mixed-use project is being developed by the Warriors and JLL, with an affiliate of Starwood Capital Group as the hotel operator.
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The Macy's store sits next to Ballston Quarter, and the site is approved for roughly 350K SF of mixed-use development.
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Multifamily owners and operators are bracing for April 1 amid widespread job losses.
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Companies say they would still sign an office lease, if the space is right.
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Rent collection in Chicagoland was solid, according to a survey of mid-market multifamily owners, but many worry collections will fall in June.
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A Cambridge-based startup has raised a seed funding round from MIT to develop new, sustainable building technology.
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An entity owned by developer Tim Hogan is seeking to build up to 265 multifamily units, plus office and retail, at a main intersection in Upper Marlboro.
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Concessions in the city, where rents have plummeted, range from three months' free rent to a $2K donation to charity.
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