Loaning money to shopkeepers, landlords and hoteliers in places such as Times Square or SoHo used to be considered almost a sure thing. But that was before the contagion emptied New York City’s skyscrapers, hotels, apartment buildings and stores, leading the president of the United States to call it “a […]

CLOSE What I’m Hearing: How NFL stadium construction companies are dealing with the coronavirus. USA TODAY Even as the housing market booms, the outlook for the construction of shops, office buildings, hotels and other commercial structures has grown bleaker. And that could mean less economic activity and job growth as […]

More than 40 years after imposing severe restrictions on property-tax increases, California voters might begin rolling them back next week, sending shivers through the state’s commercial real-estate industry. A measure on the Nov. 3 ballot would make the most significant changes to 1978’s Proposition 13 by allowing local governments to […]