coronavirus – REBusinessOnline Commercial Real Estate from Coast to Coast Thu, 06 Aug 2020 16:29:21 +0000 en-US hourly 1 Nearly 1.2M Americans File First-Time Unemployment Claims, Lowest Weekly Figure Since COVID-19 Outbreak Thu, 06 Aug 2020 15:02:36 +0000 McAllen Convention Center Becomes Temporary Healthcare Facility for COVID-19 Patients Thu, 06 Aug 2020 12:54:22 +0000 Chatham Lodging Trust Reports 77 Percent Decrease in RevPAR in Second Quarter Wed, 05 Aug 2020 14:53:21 +0000 Publix Experiences 21.8 Percent Boost in Sales During Second Quarter Tue, 04 Aug 2020 15:19:36 +0000 Detroit Casinos to Reopen at 15 Percent Capacity Starting August 5 Fri, 31 Jul 2020 12:56:32 +0000 MICHIGAN — With a new executive order, Michigan Gov. Gretchen Whitmer has enabled Detroit casinos to reopen on Wednesday, Aug. 5 at 15 percent capacity. Casinos must also conduct a daily entry screening protocol for customers and employees. Patrons must wear a face covering except while eating and drinking. The governor has also limited statewide […]]]> California Pizza Kitchen Files for Chapter 11 Bankruptcy Fri, 31 Jul 2020 12:00:37 +0000 PLAYA VISTA, CALIF. — California Pizza Kitchen (CPK) is the latest fast casual restaurant chain to file for bankruptcy protection due to strain brought on by the coronavirus (COVID-19) pandemic. The company filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas on Thursday in order to “close […]]]> First-Time Unemployment Claims Increase for Second Consecutive Week to 1.4M Filings Thu, 30 Jul 2020 15:42:21 +0000 McDonald’s Reports 30 Percent Drop in Second-Quarter Revenue Wed, 29 Jul 2020 13:44:25 +0000 CHICAGO — McDonald’s Corp. has reported a 30 percent decrease in its consolidated revenue for the second quarter that ended June 30 due to coronavirus lockdowns. The global fast-food chain reported second-quarter net income of $483.8 million, compared with $1.5 billion for the same period a year ago. Chicago-based McDonald’s says it spent more than […]]]> Weekly First-Time Unemployment Claims Increase for First Time Since March as 1.4M Americans File for Assistance Thu, 23 Jul 2020 15:38:37 +0000 DFW Office Market Posts 640,000 SF of Negative Net Absorption in Second Quarter, Says CBRE Thu, 23 Jul 2020 13:52:25 +0000 Orlando Office Market Vacancy Rate Exceeds 10 Percent for First Time Since 2016, Says CBRE Tue, 21 Jul 2020 15:40:43 +0000 Office Depot Donates $1.5M to Feeding America’s COVID-19 Response Fund Mon, 20 Jul 2020 15:29:35 +0000 Commerce Department: June Retail Sales Rise 7.5 Percent from May Fri, 17 Jul 2020 15:48:25 +0000 Another 1.3M Americans File First-Time Unemployment Claims Thu, 16 Jul 2020 15:35:14 +0000 NRF Survey: Back-to-School Spending Could Reach Record Levels as Families Gear Up for At-Home Learning Amid Pandemic Wed, 15 Jul 2020 14:50:27 +0000 California Governor Issues Business Closures as Statewide Cases of COVID-19 Surge Tue, 14 Jul 2020 14:11:48 +0000 Despite Third-Quarter Losses, Walgreens to Invest $1B to Open Doctors’ Offices at US Stores Fri, 10 Jul 2020 13:54:58 +0000 Additional 1.3M Americans File for First-Time Unemployment Assistance Thu, 09 Jul 2020 15:55:38 +0000 Bed Bath & Beyond to Close 200 Stores Over Next Two Years Following 49 Percent Decline in Sales Due to Pandemic Thu, 09 Jul 2020 12:30:34 +0000 UNION, N.J. — Bed Bath & Beyond (NASDAQ: BBBY) plans to close 200 stores over the next two years. The Union-based company made the announcement during its earnings statement for its fiscal first quarter, which runs from March through May. The report shows sales plummeted in the quarter due to the novel coronavirus pandemic and […]]]> Student Housing Q&A: Tim Bradley Provides Capital Markets Update, Post-Pandemic Outlook Thu, 09 Jul 2020 11:45:21 +0000 In June, Student Housing Business, sister publication to REBusinessOnline, reached out to Timothy Bradley, founder of TSB Capital Advisors, for an update on the market for financing in the student housing sector and the outlook for the year ahead. SHB: How would you describe the market for financing student housing at present? Tim Bradley: The market is […]]]>