COVID-19

Refrigerated real estate investor Provender Partners has entered into a joint venture with an affiliate of Cerberus Capital Management, focusing on building cold storage processing facilities to bring vital supply chain solutions to market.

The investor remained adaptable focused on retaining and renewing existing tenants as well as attracting new tenants.

In November, 5.7% of commercial mortgages were delinquent, increasing from 5.4% in October.

Quick service restaurant chains have discovered how to expand an already-high capacity for off-premises volumes which could possibly carry restaurants through this new wave of restrictions.

Even trophy assets can have troubled loans.

Office Evolution is continuing its Texas expansion by signing leases for the brand's first locations in San Antonio and Austin which will be its fifth and sixth locally owned locations in the Lone Star State.

There are several provisions landlords should insist upon in renegotiated leases to ensure future protections, but there are several common pitfalls, says Quinn Arntsen, partner with Farella Braun + Martel.

Industrial-using companies are leading layoffs in Orange County, driven by aerospace, energy and manufacturing industries.