Federal Government Action Will Assist Renters in Maintaining Income; Strong Multifamily Fundamentals Pre-Coronavirus Provide Sturdy Framework
Category Archives: Market Trends
Commercial Real Estate Market Trends
In an effort to relieve pressure on 1031 timelines while much of the country is shut down and lenders are focused on processing thousands of loans initiated under the CARES Act, the IRS has temporarily altered the requirements to meet its standard.
All told, 90% of renters made full or partial payments from April 1-12, 2019, compared with 91% of renters in March 1-12, 2020, according to the NMHC. That is a payment rate of 93% compared to the same time last month.
Fiscal Stimulus and Investor Considerations
1031 exchanges, investors who have to either identify or close on a property between April 1 and July 15 now have until July 15.
A pandemic might qualify as an “Act of God,” but that will depend on the answer to several questions, including, but not limited to:


