{"id":1004466346,"date":"2020-07-24T03:46:23","date_gmt":"2020-07-24T11:46:23","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004466346"},"modified":"2020-07-29T01:29:27","modified_gmt":"2020-07-29T09:29:27","slug":"covid-19-trends-of-the-week-july-20-24","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/covid-19-trends-of-the-week-july-20-24\/","title":{"rendered":"COVID-19 Trends of the Week: July 20-24"},"content":{"rendered":"<p>New claims for state unemployment benefits were declining in recent weeks. But this week they ticked up from 1.3 million in the two previous weeks to 1.4 million.&nbsp;<\/p>\n<p><strong>1. Real estate braces for upheaval as relief programs expire.<\/strong><\/p>\n<p>Residents and landlords both hope that Congress can come together on another relief package soon since the national moratorium on evictions (along with some state moratoriums), the $600 additional unemployment benefits and other relief measures of the CARES Act expire in the next few days. The new relief bill still being debated in the Senate includes more direct payments to citizens, enhanced unemployment benefits, another round of PPP loans and reimbursements for coronavirus-related business expenses. Separate bills would provide rental assistance and protection from eviction.<\/p>\n<p><a href=\"https:\/\/money.usnews.com\/investing\/news\/articles\/2020-07-23\/mnuchin-urges-quick-action-on-coronavirus-relief-open-to-another-bill-cnbc\" target=\"_blank\" rel=\"nofollow noopener\">Republicans Ditch Coronavirus Payroll Tax Cut, Haggle Over Unemployment Payments<\/a><br \/>\n<em>U.S. News &amp; World Report<\/em><\/p>\n<p><a href=\"https:\/\/www.thefiscaltimes.com\/newsletter\/20200721-Republicans-Disarray-Coronavirus-Relief-Bill\" target=\"_blank\" rel=\"nofollow noopener\">Draft Republican Plan for U.S. Coronavirus Relief Has More Direct Payments: Aide<\/a><br \/>\n<em>The Fiscal Times<\/em><\/p>\n<p><a href=\"https:\/\/www.cnet.com\/personal-finance\/rent-relief-and-evictions-what-will-the-senate-do-when-the-cares-act-expires\/\" target=\"_blank\" rel=\"nofollow noopener\">Rent relief and evictions: What will the Senate do when the CARES Act expires?<\/a><br \/>\n<em>CNET<\/em><\/p>\n<p><strong>2.&nbsp;Single-family rentals could become the rage as residents flee density.<\/strong><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/single-family-rentals.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004466358\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/covid-19-trends-of-the-week-july-20-24\/single-family-rentals\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/single-family-rentals.jpg\" data-orig-size=\"800,623\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"single-family rentals\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/single-family-rentals.jpg?w=800\" class=\"alignright wp-image-1004466358 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/single-family-rentals.jpg\" alt=\"\" width=\"300\" height=\"234\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/single-family-rentals.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/single-family-rentals.jpg?resize=300,234 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/single-family-rentals.jpg?resize=768,598 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>The single-family rental market is expected to flourish as residents seek both shelter from crowded cities and the flexibility that renting vs. buying can offer. The asset type, which has remained relatively stable since the start of the pandemic, is also a nimble property type for investors because it allows them to adjust rent on a single unit without impacting numerous residents or a portfolio. Brookfield Asset Management is stepping into the market in a big way.<\/p>\n<p><a href=\"https:\/\/www.nreionline.com\/single-family-rentals\/brookfield-bets-single-family-rentals-300-million-fund\" target=\"_blank\" rel=\"nofollow noopener\">Brookfield Bets on Single-Family Rentals With $300 Million Fund<\/a><br \/>\n<em>National Real Estate Investor<\/em><\/p>\n<p><a href=\"https:\/\/www.forbes.com\/sites\/forbesrealestatecouncil\/2020\/06\/24\/investing-in-single-family-rentals-the-best-position-of-2020\/#51efe9623323\" target=\"_blank\" rel=\"nofollow noopener\">Investing In Single-Family Rentals: The Best Position Of 2020<\/a><br \/>\n<em>Forbes<\/em><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/07\/21\/coronavirus-pandemic-cuts-rent-growth-to-a-decade-low.html\" target=\"_blank\" rel=\"nofollow noopener\">Coronavirus Pandemic Cuts Rent Growth to a Decade Low<\/a><br \/>\n<em>CNBC<\/em><\/p>\n<p><strong>3. Office owners are at the forefront of creating safe indoor environments.<\/strong><\/p>\n<p>Corporate America\u2019s slow return to office properties is giving property owners and technology companies the opportunity to re-invent the office experience. The air will be cleaner, the technology will be touchless, there will be more private spaces and that\u2019s just the beginning. But, with more companies shifting to the work-from-home model for at least some employees, these questions remain: How much space will companies need in the future and where will they need it?&nbsp;<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/flex-office-operators-look-to-unlock-the-suburbs\/\">Flex Office Operators Look to Unlock the Suburbs<\/a><br \/>\n<em>Commercial Property Executive<\/em><\/p>\n<p class=\"spaced spaced-xl spaced-top spaced-bottom abdp-headline \"><a href=\"https:\/\/www.chicagotribune.com\/columns\/ryan-ori\/ct-biz-real-estate-air-quality-coronavirus-ryan-ori-20200723-sud25stgvrfk5i5x6tkfqm2zkm-story.html\" target=\"_blank\" rel=\"nofollow noopener\">Worries about COVID-19 spreading through the vents send Chicago building owners in search of cleaner air. \u2018You can\u2019t put a force field around your property.\u2019<\/a><br \/>\n<em>Chicago Tribune<\/em><\/p>\n<p class=\"ArticleHeader_headline\"><a href=\"https:\/\/www.reuters.com\/article\/us-usa-results-realestate-idUSKCN24N2NL\" target=\"_blank\" rel=\"nofollow noopener\">Who Still Needs the Office? U.S. Companies Start Cutting Space<\/a><br \/>\n<em>Reuters<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Will relief measures be extended? Investors &#8220;single&#8221; out this property type. The office of the future. These are the trends that shaped coronavirus coverage this week. <\/p>\n","protected":false},"author":1269,"featured_media":1004466358,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22251],"tags":[],"class_list":["post-1004466346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-focus"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>COVID-19 Trends of the Week: July 20-24 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/covid-19-trends-of-the-week-july-20-24\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COVID-19 Trends of the Week: July 20-24\" \/>\n<meta property=\"og:description\" content=\"Will relief measures be extended? 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