My wife and I are excited to announce our first non-investment property!

On top of that yesterday, Amazon announced a 2 million square foot distribution center in our city.

More and more retail chains, restaurants are announcing bankruptcy.

Only 3 firms (Shopify, Twitter and Square) have announced permanent WFH.

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Any announced corporate moves?   

I have had a tenant in a unit that hasn't paid since February and stopped answering calls and texts on March 16th the day they announced it in NY.

Key points -Mortgage giants Fannie Mae and Freddie Mac just announced that they are raising fees for lenders on all mortgage refinances.

REI planned on opening their new campus in Bellevue Spring District in 2020, but COVID took a huge toll on REI’s business and they are now forced to give up some of their campus, which Facebook is supposed to buy or lease (I believe)Microsoft has been planning a new $5+ billion campus but recently announced that they are going to allow all of their employees continue flexible work from home options indefinitely, so they probably will have unused office buildings up for grabs as well as their existing campus... who knows what will happen there.

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