Here's what's on our mind.
COVID-19 Creates Short-Term Liquidity Problems in Commercial Real Estate
It is the first day of May, and in normal times the rent would be due again. But these are far from normal times, and in many cases the likelihood that rent will actually be paid (or paid in full) is quite low. As tenants search their couches for…
Mortgage Rates Drop as the Coronavirus Epidemic Grows
As cases of COVID-19, also known as coronavirus, surpass 5,000 in the United States as of March 17 and global stock markets tumble amidst concerns over economic uncertainty, the Federal Reserve has taken measures to address economic turmoil. Most…
Updates on Portland’s Clean Energy Fund
In the fall of 2018, Portland voters approved the Clean Energy Initiative to establish the Portland Clean Energy Fund (“PCEF”). The initiative requires Portland retailers with total annual revenues over $1 billion and Portland annual revenues over…