“Included in the Coronavirus Aid, Relief, and Economic Security Act (CARES) is the Paycheck Protection Program that many small businesses are taking advantage of during the pandemic. The program cites $350 billion in guaranteed or forgivable loans for businesses with less than 500 employees. The loans continue to pay employees and cover business expenses during the crisis, at a fixed rate of 1% with no collateral required and no prepayment penalties or fees. Loans will be forgiven if businesses submit a request and submit documentation that supports the requirements of the forgiven loan (no reduced staff count, no reduced salaries for certain employees, etc.). During this unprecedented freeze of operations on a number of levels, we are reminded that the CARES Act is not a stimulus package, but much needed emergency relief.”  -Adam Abushagur

 

I N D U S T R I A L   N E W S

With Stores Closed, Can E-Commerce Make Up For Lost Sales?

National Real Estate Investor- April 8, 2020

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The Coronavirus Will Accelerate The Shift To Smaller Warehouses

GlobeSt- April 9, 2020

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Loan Relief And Commercial Real Estate’s Response To The COVID-19 Pandemic

CCIM Institute- Winter 2020

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T E X A S   N E W S

Industrial Remains Houston’s Strongest Asset Class

Connect Texas- April 7, 2020

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Census Bureau: Texas Claims Six Of 10 Fastest-Growing Counties In Last Decade

ReBusiness Online- April 6, 2020

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How This Dallas Bank Is Dealing With A Massive Influx Of SBA Loan Applications

Dallas Business Journal- April 8, 2020

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Walgreens To Introduce Rapid COVID-19 Testing Services In Texas

ReBusiness Online- April 9, 2020

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M I D W E S T   N E W S

Agribusiness Company Moving Into City Center Lenexa

REJournals – April 8, 2020

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Fewer People Paid April Rent. Here’s How Missouri And Illinois Fared

St. Louis Business Journal- April 9, 2020

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2020-04-13T18:40:25+00:00