Cushman & Wakefield recently sold a 160,000-square-foot medical office building owned by Palomar Health in Poway, California, in a sale-leaseback transaction for more than $100 million. Pomerado Outpatient Pavilion is Poways largest medical building and was the...
Fannie Mae’s new Temporary Property Inspection Protocols states that mortgage servicers should work with their inspectors to follow the CDC guidance for safe interactions for entering any properties. When it is safe to do so, inspectors must make the best efforts to...
The San Diego restaurant industry has been especially hit hard by the COVID-19 lockdowns and new purple tier restrictions, which have nearly shuttered their indoor operations due to Governor Gavin Newsom’s new stay-at-home orders. On-site dining must stop, but...
The uncertainty and volatility in the commercial mortgage-backed securities market by COVID-19 lockdowns are causing extreme havoc for investment firms like Credit Suisse. The firm just announced that its global SIX Swiss Exchange fund had been suspended immediately,...
If the COVID-19 lockdowns weren’t bad enough for commercial property owners who are having an extremely difficult time in collecting rents, now they have been hit with rising rates in both property and liability insurance, according to Property Casualty 360....
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