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COVID-19 Congressional Negotiations Stall; Republican Package Includes Liability Protections, PPP Round 2, and Healthy Workplaces Tax Credit
Negotiations between Democrats and Republicans over the next round of COVID-19 relief stalled this week after policymakers could not bridge significant differences between the GOP’s $1 trillion package released Monday and the $3.4 trillion proposal House Democrats passed in May.Full story: COVID-19 Congressional Negotiations Stall; Republican Package Includes Liability Protections, PPP Round 2, and Healthy Workplaces Tax Credit -
Republicans Seek Intra-Party Consensus on Coronavirus Aid as Unemployment Benefits Expire and Democrats Wait to Begin Negotiations
The White House and Senate Republicans have reached an “agreement in principle” on GOP priorities for another COVID-19 relief package but legislative text is still in the drafting phase, as negotiations in earnest with Democrats have yet to commence.Full story: Republicans Seek Intra-Party Consensus on Coronavirus Aid as Unemployment Benefits Expire and Democrats Wait to Begin Negotiations -
Policymakers Signal Positions on Next COVID-19 Relief Package; Negotiations Expected to Address Business Liability and Aid to Business Sectors
Lawmakers return to Washington on July 20 to begin urgent negotiations on a massive COVID-19 relief package that is expected to address business liability, unemployment benefits and tax incentives before Congress breaks for its August recess.Full story: Policymakers Signal Positions on Next COVID-19 Relief Package; Negotiations Expected to Address Business Liability and Aid to Business Sectors -
RER - COVID-19 Economic Crisis Alerts
The Real Estate Roundtable's Weekly COVID-19 Economic Crisis UpdateFull story: RER - COVID-19 Economic Crisis Alerts -
Real Estate Roundtable Re-Elects Cafaro as Chair, Approves Five New Board Members; 2020 Annual Report Focuses on National Recovery
The Real Estate Roundtable’s membership has re-elected Debra A. Cafaro (Chairman and Chief Executive Officer, Ventas, Inc.) as Chair, while approving three new members for its Board of Directors who will serve during the organization’s 2021 fiscal year (July 1, 2020 – June 30, 2021).Full story: Real Estate Roundtable Re-Elects Cafaro as Chair, Approves Five New Board Members; 2020 Annual Report Focuses on National Recovery -
NEWS: Real Estate Roundtable Re-Elects Ventas’ Debra A. Cafaro as Chair and Approves Five New Board Members
The Real Estate Roundtable’s membership has re-elected Debra A. Cafaro (Chairman and Chief Executive Officer, Ventas, Inc.) as Chair, while approving five new members for its Board of Directors who will serve during the organization’s 2021 fiscal year.Full story: NEWS: Real Estate Roundtable Re-Elects Ventas’ Debra A. Cafaro as Chair and Approves Five New Board Members -
Key Policymakers Testify on COVID-19 Relief and CRE; Congress Extends PPP until August 8; House Passes Bill Extending Eviction Moratorium 12 Months
Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin offered their views on potential COVID-19 relief for commercial real estate during a June 30 House Financial Services Committee that focused on the federal government’s response to the pandemic...Full story: Key Policymakers Testify on COVID-19 Relief and CRE; Congress Extends PPP until August 8; House Passes Bill Extending Eviction Moratorium 12 Months -
House Democrats Propose Climate Framework With Measures to Reduce Buildings’ Carbon Footprint
The House Select Committee on the Climate Crisis on June 30 released its blueprint for “Solving the Climate Crisis.” The plan proposes a menu of mandates and incentives for multiple industry sectors – including commercial and residential real estate – with a goal to achieve a 100% “net zero” emissions U.S. economy by 2050.Full story: House Democrats Propose Climate Framework With Measures to Reduce Buildings’ Carbon Footprint -
NEWS: Q2 Economic Sentiment: Commercial Real Estate Execs Confirm COVID-19 Market Downturn
Commercial real estate executives confirmed a downturn in Q2 market conditions due to job losses and business shutdowns related to COVID-19, according to The Real Estate Roundtable’s 2020 Q2 Economic Sentiment Index released today. The report also shows there is an expectation for an improvement in market conditions by next year, dependent upon the return of jobs and the ability to safely reopen businesses.Full story: NEWS: Q2 Economic Sentiment: Commercial Real Estate Execs Confirm COVID-19 Market Downturn -
Roundtable to Establish Standing Policy Committee on Diversity and Inclusion; Industry Executives Discuss Needed Actions
The Real Estate Roundtable’s Board of Directors recently approved establishment of a new standing committee to address inclusivity and diversity in the industry and as part of the organization’s policy agenda. The new committee’s working name is the “Real Estate Diversity and Inclusion Policy Advisory Committee” (REDIPAC). Its intended objectives are to...Full story: Roundtable to Establish Standing Policy Committee on Diversity and Inclusion; Industry Executives Discuss Needed Actions -
House Democrats Release Infrastructure Package Details; Vote Expected Next Week
House Democrats on June 22 released details of a $1.5 trillion infrastructure package – the Moving Forward Act (H.R. 2) – that they plan to bring to a vote before July 4, although the measure’s prospects in the GOP-controlled Senate are uncertain.Full story: House Democrats Release Infrastructure Package Details; Vote Expected Next Week