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The government is trying to stave off evictions for homeowners and renters, reports The New York Times. Taubman Centers is closing most of its malls at least until the end of the month,
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Some restaurants chains have expanded aggressively in recent years, contributing to an over-saturated market and rising debt levels.

(Bloomberg)—Coronavirus is sending Americans back home for dinner, creating a crisis for a restaurant industry that

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Because it’s uncertain how the pandemic will progress, it’s critical to plan for a wide range of scenarios.
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Some hotels are targeting guests who face lengthy quarantines to boost bookings, reports the Wall Street Journal. Small restaurants in the U.S. are struggling due to coronavirus, according to Reuters.
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Grocery stores and pharmacies are remaining open. That might aid shopping center REITs.

As Americans flock to

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Smart data may hold the key to unlocking the mystery of this controversial program.

The Federal Opportunity Zone program, signed into law under this

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As many as 80 percent of the trade shows and events held from March to mid-May haven been cancelled or postponed.

(Bloomberg)—The U.S. convention industry is

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construction-NYC-midtownEugene Schuldinger
With offices and restaurants closed, construction projects in the city are still going ahead.

(Bloomberg)—For now, construction continues.

As the coronavirus outbreak quiets New York City -- closing offices,

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Industry insiders know the virus might be here for the long term. But that means shoppers and investors will eventually find a “new normal.”
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CBRE caps the number of people allowed to attend its auctions, reports Australian Financial Review. Private equity investors don’t want to miss on high-return investment opportunity, according to the Wall Street Journal. These are among
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  1. Ultra-Rich Families Poised for Spending Splurge After Stock Rout
  2. Shopping-Center Owners Urge Trump to Provide Relief
  3. Five Reasons You Should Invest with Confidence in Today’s Uncertain Times
  4. Coronavirus Fuels Indecision Among Multifamily Investors
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