The argument some RIAs are making—that the PPP loan is a business loan, no different than any other, and comes with risk, and is not bailout money—just doesn't wash.
The new legislation will lengthen the amount of time in which businesses can spend the loan, as well as the amount of time in which they have to pay the loan back if it is not forgivable.
CRE brokers report they are seeing more interest from investors in picking up industrial assets.
Affordable housing projects continued to move forward in many areas in spite of the COVID-19 pandemic, although some obstacles have emerged.
The pandemic's impact will affect advisors differently from the last major financial crisis, according to McKinsey.
At North Carolina centers owned by Tanger traffic was at 80 percent of pre-pandemic levels.
PPP loans and income from takeout and deliveries will not be enough to help most tenants stay afloat.