Self-Storage Properties, Often Cited as Slump-Resistant, Aren’t Immune to the Coronavirus

Self-Storage Properties, Often Cited as Slump-Resistant, Aren’t Immune to the Coronavirus Customers Pull Back on Nonessential Spending as Economy Slows By Cara Smith-Tenta CoStar News May 15, 2020 | 5:11 P.M. The coronavirus pandemic is disproving a theory that the self-storage sector is inherently resistant to broader economic trends as stay-home orders and cutbacks on nonessential spending lead to fewer walk-in visits from prospective

Property Tax Deferral Measures Approved by Lake County Board

May 12, 2020 Property Tax Deferral Among Several Measures Approved by Lake County Board  At its May 12 meeting, the Lake County Board passed several measures in response to the COVID-19 pandemic. These include: An ordinance giving Lake County property owners more time to pay each installment of their property taxes due to impacts of COVID-19. A temporary ban on open burning in unincorporated Lake

US Commercial Property Sales Activity Drops 17% in February, March

US Commercial Property Sales Activity Drops 17% in February, March Market Indices Show Investor Caution Among Heightened Uncertainty Stemming From Pandemic CoStar’s U.S. Multifamily Index led growth among the four major property types. (Getty Images) By Mark Heschmeyer May 2, 2020 | 9:37 A.M. Commercial property sales activity in February and March declined 17% as the financial fallout from the coronavirus pandemic hit real estate