You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and need an estimated value. Phone: 480-948-5554 Prefer cell: 520-975-5207 or email me walterunger@ccim.net. – What is a CCIM. –
CLICK HERE TO VIEW ALL MY 60 MIL WORTH OF LISTINGS.
By Katie Burke and Jelena Schulz
There were few winners among those who made bets about how 2020 would unfold …
National shutdowns, disagreements over mask wearing and other precautions, as well as businesses struggling to adapt to new health guidelines that seemingly changed by the day defined the unprecedented year marked by the coronavirus pandemic and its ability to upend property markets around the world.
The arrival of new vaccines offers hope for 2021. But first, the world must contend with a new surge in cases that promises more turbulence in the weeks and months ahead.
Here’s a look back on a year few will miss.
JAN. 6: After months of increasing wariness and speculation, the U.S. Centers for Disease Control and Prevention issues warnings about a strange virus outbreak in China and warns Americans about travel to and from the Asian nation. The announcement triggers worries among trade and hospitality interests.
JAN. 31: As the virus spreads, Europe deals with a different kind of disruption. The United Kingdom officially withdraws from the European Union, leaving unresolved trade and other rules that will preoccupy the continent for much of the year and chill property markets.
FEB. 3: As nations declare public health emergencies around the globe, and firms including real estate brokerages CBRE and JLL close offices and send brokers home, people become familiar with concepts such as social distancing, curbside pickup and Zoom calls to curb the spread of the disease.
FEB. 5: Major global companies including Walt Disney Co. brace for severe revenue hits as properties throughout Asia begin to close.
FEB. 10: The COVID-19 outbreak and its subsequent economic downturn triggers the largest unemployment increase since the Great Depression. The U.S. unemployment rate shoots up from 3.8% in February, the lowest since the post-World War II era, and up to 14.4% in April, surpassing the highest level reported throughout the Great Recession.
FEB. 24: The Dow Jones Industrial Average experiences its worst day in at least two years, and major office deals across the United States begin to stall as investors become increasingly wary about the worsening health crisis. The first recorded U.S. death related to COVID-19 is marked in Washington state days later.
MARCH 2: European countries, including Italy, begin to discuss or announce lockdowns. Major conferences and festivals such as South by Southwest announce cancellations as people become wary of public gatherings. New concerns grow over concepts such as coworking and shared amenities at apartment complexes.
MARCH 11: The World Health Organization declares the novel coronavirus outbreak a global pandemic.
MARCH 13: President Trump declares a national emergency and releases $50 billion in funding for states and territories to respond to the virus’s rampant spread. Malls and retail outlets across the country begin to close amid rising case counts. Cities begin to issue eviction moratoriums for renters unable to pay as a result of the pandemic.
MARCH 16: San Francisco Bay Area counties become the first in the nation to issue a mandatory shelter-in-place directive. Days later, California becomes the first state to issue a safer-at-home order. Retailers and businesses nationwide begin to close in an effort to stop the virus’s spread.
MARCH 18: Canada closes its border with the United States, an unprecedented move between the two North American countries. It prompts Mexico to implement a similar closure of its border with the United States. Both countries have extended the border closures each month since in an effort to keep the high number of coronavirus cases contained within the United States.
MARCH 18: Canada closes its border with the United States, an unprecedented move between the two North American countries. It prompts Mexico to implement a similar closure of its border with the United States. Both countries have extended the border closures each month since in an effort to keep the high number of coronavirus cases contained within the United States.
MARCH 27: President Trump signs a $2.2 trillion emergency spending bill to distribute individual stimulus payments and create a small-business assistance fund. Governments call a halt to evictions and begin to enforce other measures to help people hurt by shutdowns. Industries hit by extended closings, including the movie theater industry, begin asking for federal financial relief.
More than 3 million people file for unemployment benefits, sending a collective shudder through the economy unlike anything Americans have experienced. The alarming numbers, in a report released by the Labor Department, provide some of the first hard data on the economic toll.
APRIL 1: The U.S. hotel industry reports the worst quarter on record in the second quarter of 2020 because of the COVID-19 pandemic’s impact on the global tourism industry. The national occupancy rate falls more than 52%, and revenue per available room falls nearly 70% over the three months.
APRIL 2: Germany’s biggest department store chain, Kaufhof Karstadt, owned by real estate firm Signa, is among the first major retailers to file for insolvency. In the United States, shopping center stalwarts such as J.Crew and Neiman Marcus as well as fitness and wellness outlets such as Gold’s Gym follow, filing for bankruptcy protection amid worsening sales and a challenging economic outlook.
APRIL 22: Demand among fast-casual chains such as Chipotle Mexican Grill climbs as services including digital ordering and delivery make it possible to avoid the challenges plaguing other restaurants.
MAY 5: Office-using companies begin to realize that work-from-home precautions, once thought to be a short-term measure, could be more long-lasting. Layoffs grow, and many begin to reconsider the space they use, subletting or delaying lease or purchase plans.
MAY 10: After more than a month of working at home, tenants of multifamily buildings in suburbs across the country begin to look to leave the city behind for less-expensive rent and more space. Shared amenities in apartments lose their luster. Interest in homebuying begins to pick up.
MAY 15: The Trump administration releases details on a new task force created to produce and deliver a coronavirus vaccine by January 2021. The public-private partnership between the federal government and biotech companies is called Operation Warp Speed.
JUNE 3: Companies rush to lease more warehouses to stock products and accommodate a surge in online sales as people shop from home and eschew stores. Strong e-commerce growth increases Amazon’s advantage over other retailers, prompting the company to sign more industrial leases for future distribution.
JULY 28: Demand among biotech tenants and investors surges as the search for a coronavirus vaccine spurs leasing activity, new construction and sales.
AUG. 19: Former Vice President Joe Biden becomes the official Democratic nominee for the upcoming Nov. 3 presidential election and launches his main line of attack on President Trump’s handling of the public health crisis. Trump touts his efforts to develop a vaccine and get the economy moving again.
SEPT. 1: The Centers for Disease Control and Prevention issues a temporary halt on residential evictions until the end of 2020.
SEPT. 9: The United States says it will stop screening international arrivals for COVID-19 in a bid to begin rebuilding global tourism. Increasing challenges for hotel operators reveal signs of lasting damage as an estimated 38,000 properties face the possibility of permanent closure without federal aid.
SEPT. 25: The United States surpasses 7 million COVID-19 cases.
OCT. 2: President Trump announces that he and first lady Melania Trump have tested positive for COVID-19. Health officials warn of a new surge as colder temperatures arrive and people increasingly move indoors. Trump makes dramatic return to White House after a three-day stay in the hospital.
NOV. 7: After almost a week of counting an unprecedented number of mail-in votes, a nail-biting presidential race comes to an end with former Vice President Joe Biden declared the winner. Trump refuses to concede and contests the process.
DEC. 6: California Gov. Gavin Newsom issues the state’s most restrictive order since March as coronavirus cases hit record highs and threaten to overwhelm the state’s hospital system. The order, which is implemented regionally based on ICU capacity, closes all on-site dining and other public spaces and indoor businesses, a sign that more states could face similar fates in coming weeks.
DEC. 8: The U.K. begins to roll out its COVID vaccine campaign as it becomes the first Western nation to administer Pfizer’s promised COVID-19 shot. Countries around the world are watching as they prepare their own responses in anticipation of other successful vaccine candidates.
SEE IT ALL: https://product.costar.com/home/news/1033312933
FROM ME: Now is the time, if you are thinking of selling or purchasing your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County, Pinal County, Arizona / Office / Retail / Industrial / Multi-family / please call me on my cell 520-975-5207 or e-mail me walterunger@ccim.net. Investors and Owner / Users need to really know the market today before making a move. The market has a lot of moving parts. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands your needs. I am marketing my listings on Costar, Loop-net, CCIM, CREXi, Catylist, and various other web sites. I also sold hundreds millions of dollars’ worth of Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international. Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?
Click here to find out what is a CCIM: https://en.wikipedia.org/wiki/CCIM
CLICK HERE TO VIEW ALL MY 60 MIL WORTH OF LISTINGS.
https://www.crexi.com/properties?searchBrokerId=17513
http://walter-unger.com/gold-canyon-resort-sells-for-29-4m/
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
History of Arizona from 900 BC – 2017 -Timeline.
History of Arizona from 900 BC – 2017 -Timeline.
History of Arizona from 900 BC – 2017 -Timeline.
WHY PHOENIX? AMAZING!!! POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”
- DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
Timeline of Phoenix, Arizona history
Facts of Arizona – year 1848 to 2013
CLICK HERE: Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.
Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME
CLICK HERE TO VIEW ALL MY 60 MIL WORTH OF LISTINGS.
https://www.crexi.com/properties?searchBrokerId=17513
Also Call me if you need an estimated value of your Property.
Call me if you want to see a map with what is in the Construction Pipeline for Apartments.
Prefer cell: 520-975-5207, or email me walterunger@ccim.net. CLICK HERE TO VIEW ALL MY LISTINGS.
Check out my professional profile and connect with me on LinkedIn.
Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207
Reasons to Consider me for Commercial Referrals
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