With the August 31 deadline for first-time applications for Canada Emergency Commercial Rent Assistance (CECRA) now passed, the three-month program that evolved into five months of relief is closed to new recipients. Despite previous last-minute extensions — announced on June 30 and July 31 — knowledgeable followers of government machinations weren’t expecting a repeat yesterday.
Scientists Recommend Drying with Paper Hand Towels
Drying your hands with paper hand towels is the most effective method for reducing the proliferation of bacteria among people, and for limiting the dispersion of bacteria into the environment.» READ MORE
Under COVID-19-induced pressure, investors, lenders and public markets are signalling a preference for multifamily assets. »READ MORE
IN CASE YOU MISSED IT: Commercial office watchwords attuned to COVID
Sublets and suburbs are commercial office watchwords for real estate analysts striving to gauge COVID-19’s impact on future demand, income and value. For now, many typify a second quarter uptick in downtown sublet activity as a spurt, not a glut. However, they project the trend is likely to continue, and they’re watching for signs of downtowners migrating farther afield.»READ MORE