With April rent due for tens of millions of households across the U.S., the prospect of a national #rentstrike has been trending in news coverage and on social media. Especially as the Department of Labor reports 10 million workers filed for first time unemployment benefits in the last two weeks, many households find themselves experiencing … Continued
Mohawk Industries and Fabric Sources International (FSI) are combining resources to address urgent medical supply needs at Hamilton Medical Center in Dalton, Ga. and Emory Healthcare in Atlanta during the COVID-19 outbreak. Using fabric provided by FSI, Mohawk Home’s Dalton-based rug manufacturing facility is providing industrial sewing equipment for their skilled employees to produce vitally … Continued
How will coronavirus impact the global real estate economy?The novel coronavirus (COVID-19) continues to reshape the way our world is interconnected, from how we conduct business to how we live our lives. Amidst all the uncertainty, both in the U.S. and around the world, we felt it was more important than ever to be able … Continued
While the coronavirus pandemic continues to affect all aspects of American life, a Raleigh-based startup that sells air filters by subscription is continuing to attract investors even as it contributes to the effort to combat COVID-19. Second Nature, which recently completed a round of funding that brought in $16.4 million from investors, is switching one … Continued
As the Nation comes together to slow the spread of COVID-19, on March 16th the President issued updated Coronavirus Guidance for America that highlighted the importance of the critical infrastructure workforce. The Cybersecurity and Infrastructure Security Agency (CISA) executes the Secretary of Homeland Security’s authorities to secure critical infrastructure. Consistent with these authorities, CISA has … Continued
Through our multiple business channels, we have a unique lens into how COVID-19 may influence the decisions of investors and owners. We believe this insight can help our investors better prepare for this evolving situation, so we have summarized our thoughts and findings in this report. While it is too early to forecast the long-term … Continued
As the coronavirus pandemic prompts unprecedented job losses across the country, one of the first problems for many households will be how to pay next month’s rent or mortgage. To protect renters from losing their homes, a growing number of cities and states have put a temporary halt on evictions, meaning that landlords cannot evict … Continued
COVID-19 poses a great threat to public health and, with widespread business shutdowns, to the health of the economy. These effects hit employees of location-dependent businesses the hardest, including entertainment, travel, retail, and manufacturing businesses. And many of these employees are hourly workers who are more likely to be renters. Read more.
John Burns and Dean Wehrli recorded this podcast episode on March 19, 2020, right after our second weekly client webinar amidst the Covid-19 crisis. They discussed some of our market conclusions to date and our best estimate of some of the changes we believe will occur. Read More.