The Urban Land Institutes latest Real Estate Economic Forecast shows that investors have less to worry about than they did during the recession of 2008 — unless they happen to have large holdings in hotels or retail.
With its stores dark for half the quarter due to the COVID-19 pandemic and a weak e-commerce presence (or none at all for some of its brands), The TJX Cos. posted a much wider first-quarter loss than expected.
As the COVID-19 related shutdowns began to wind down in Texas and Georgia, Poag Shopping Centers’ lifestyle centers were among the first to welcome back guests.