COVID-19 drastically affected the financial landscape worldwide. The effects have rippled through every industry, including commercial real estate (CRE). Long-struggling malls and retail stores have taken an especially devastating blow. Between social distancing and consumers cutting discretionary spending, malls simply can’t catch a break. Without loan restructuring and innovative solutions to keep retail stores afloat, [...]
COVID-19 has everyone on edge, and for good reason. When our health and the health of our loved ones is on the line, feeling cautious and protective is natural. This is only compounded as the world has seemingly ground to a halt, stifling the economy with it. The one-two punch of both health and financial [...]
Are you a small business owner that has been adversely affected by COVID 19 outbreak? Are you interested in receiving economic assistance to support your business(es) during these unparalleled times? With all the conflicting reports in our 24-hour news cycle, are you confused about what relief you qualify for and how to obtain it? PRC [...]
A last-minute extension means small businesses have until Aug. 8 to apply for Paycheck Protection Program funds. While many financial institutions reduce hours and limit service options in the COVID-19 environment, Pioneer Realty Capital continues to lead the way by expanding its services to support small businesses nationwide. As of June 30th, 2020, there is [...]
Pioneer Realty Capital announces several programs to help business owners nationwide who have been effected by the Coronavirus disease (COVID-19). In an all out effort to help small, medium, and large companies, PRC has been working around the clock to remain 100% operational, while ensuring the safety of our employees and their families. We want [...]
The current commercial real estate, or CRE cycle started in 2009. The journey to recovery from the housing crisis has been a long one, and seems never-ending. Eleven years later, it’s hard to say when the downturn will come. What we do know for sure is that this expansion can’t last forever, making risk management [...]
There are many tax benefits for investors and owners in commercial real estate. Understanding all of them, however, can be a monumental task. In this post, we’ll cover the top 10 most commonly used tax benefits in the industry, and how to take advantage of them. Top 10 Tax Benefits for Commercial Real Estate: Tax [...]
Earlier this year, we explored the impact of opportunity zones on commercial real estate investing. Today, we’ll look a little deeper into how opportunity zones allow investors to reduce and defer taxes on capital gains for up to ten years. But first, a little review: What are Opportunity Zones? The Tax Cuts and Jobs Act [...]
When they hear the term ‘crowdfunding’, most people picture the charitable fundraising efforts of sites like GoFundMe. Or, perhaps the Kickstarter campaigns used to fund the launch of a new business venture come to mind. Commercial real estate crowdfunding, however, is a little different. While CRE crowdfunding relies on many investor contributions to fund [...]
There’s no denying it: CRE automation disruption is here. Understandably, investors, firms, property managers, advisors, and brokers are all wondering what that means for the future of commercial real estate. A few things are already clear. E-commerce and shipping automation continue to affect the retail and postal industrial sectors. Rideshare and soon-to-come driverless cars increasingly [...]
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