By Esther Fung | The Wall Street Journal Retail landlords are including pandemic language in new leases, a previously rare feature as tenants seek protection after the first government-mandated coronavirus shutdowns in March complicated their negotiations for rent relief. Because many insurance policies didn’t cover pandemic-related losses, landlords have offered various concessions to attract and retain tenants, including allowing them …
By Kelly O’Sullivan | Independent News Media The Rayner and Gladden families’ multigenerational Southwest Valley farming operations have weathered just about everything the world has thrown at them for the better part of 100 years, from drought and pests to extreme price swings and two pandemics. But there are two modern threats that are unrelenting — development and water availability. …
(Disclosure: Rose Law Group represents HealthyVerify Certification.) By AZ Business Magazine | AZ Big Media The COVID-19 pandemic has affected almost every aspect of everyday life. But for those with developmental disabilities, the effects are even more profound. Gompers, a Phoenix-based nonprofit, provides a broad spectrum of services to developmentally disabled individuals — but when the COVID-19 pandemic hit, many of those services …
By Howard Fischer | Capitol Media Services via AZ Capitol Times Business interests trying to quash a vote on higher taxes on the rich sought to convince a judge Wednesday that extent and breadth of the proposed new levy is being purposely understated and misleading. Challengers funded by the Arizona Chamber of Commerce and Industry contend that those gathering signatures …
(Disclosure: Rose Law Group represents HealthyVerify Certification.) By Mike Sunnucks | Rose Law Group Reporter Mark Jacoby, president and CEO of Gompers, said every time his nonprofit group came up with some answers on when and how to reopen its services to those with development disabilities more COVID-19 questions would arise. “What happened was for every answer we came up …
By John Egan | National Real Estate Investor Recent revisions to the U.S. Bankruptcy Code might open the door to headaches and heartaches for landlords that rent to small businesses. In August 2019, Congress created what’s known as Subchapter 5 of the Bankruptcy Code. Subchapter 5 is designed to streamline the Chapter 11 bankruptcy process for small businesses and slash their …
By Shane Shifflett | Wall Street Journal Twisted Root Burger was a Texas success story, expanding from one casual restaurant in 2006 to 24 sites including restaurants, bars, a brewery and a theater. Now, the company is moving fast in another direction—into bankruptcy. The chain shut down in March. Some sites reopened in June only to be shut down again …
By Mike Sunnucks | Rose Law Group Reporter Home sales are up. Restaurants are challenged. And hospitals and health care workers are stressed. Those are some of the dynamics and landscape as Arizona and metro Phoenix grapple with COVID-19, the rise in cases and all its ramifications. Those were also the centerpieces of Rose Law Group’s New Economy (Virtual) Power Lunch series on …
By Angela Gonzales | Phoenix Business Journal Tenant traffic at metro Phoenix apartments has steadily improved since the beginning of April, according to a new report from Radix, a Scottsdale-based data research firm that tracks apartment activity nationwide. Research conducted through July 1 shows a narrowing gap in potential tenant visits to apartments compared with traffic during the same time …
By David Wieland | Forbes In the pre-coronavirus world, April 15 was an important date, representing the deadline for U.S. residents and citizens to file federal income taxes. However, in the current environment, that drop-dead deadline has been pushed to July 15, 2020. The upcoming mid-July deadline is also important for those making use of section 1031 of the U.S. …