Iconic retailer Macy’s was already struggling before the pandemic and now it’s going to be removed from the Standard & Poor’s 500, S&P Dow Jones Indices announced in a press
Updated: Businesses in a cash crunch could consider Chapter 11
By James D. Silver and Andrew Kamensky These are unprecedented times. Several nations are on lockdown, social distancing is the norm, and the financial markets are in turmoil as both
Florida COVID-19 deaths expected to peak in early May
A University of Washington researcher cited by the White House expects COVID-19 deaths in Florida to peak at around 136 deaths per day in the first week of May. Dr.
FPL wants to give customers a break
Florida Power & Light Company says it plans to significantly lower bills for the second time this year and fast-track savings to customers amid the pandemic. Beginning May 1, FPL
Together or not
By Stephen Garber There are lots of emails going around that give us lots of support and “how to.” From jokes and videos to ways of working virtually, the outpouring
Residential market buffeted, but there’s reason for optimism
South Florida’s residential market is getting hit in many directions by the pandemic, but there is optimism the region will be a national leader when the pandemic winds down. The
Governor says he meant to say mid-April for safer at home
During a press conference at Hard Rock Stadium on Monday, Gov. Ron DeSantis said he would sign an executive order urging South Florida residents to stay home through mid-May. Later
Update: Evictions put on hold in Florida
Update: Gov. Ron DeSantis on April 2 issued a 45-day hold on evictions and foreclosures in Florida. Previous story All three South Florida counties have put evictions on hold amid
Major shopping center owner offers relief for tenants
Publix has purchased a lot of the shopping center real estate it occupies, which is turning in to a major bonus for its tenants these days. Publix announced it is
Coronavirus casts shadow over commercial real estate
Trade war hangovers, election year jitters and the COVID-19 coronavirus outbreak that sent shockwaves through the equity markets and predictions of an ugly global slowdown: Welcome to 2020. The verdict