News


Fauci Warns Against Reopening Too Soon

Dr. Anthony Fauci, a member of the White House COVID-19 task force, warned that cities and states reopening too soon could have a major negative impact if those locales don't have the proper resources to deal with an uptick in… more

House Proposes Another $3T in Stimulus

House Democrats have proposed another stimulus bill, totaling $3 trillion, in response to economic damage caused by the COVID-19 pandemic. It would follow the $2 trillion stimulus bill passed in March, though the measure is not expected to make it… more

April Commercial Real Estate Price Index Falls

A price index for commercial real estate fell by 9.4 percent in April and is down by 10.4 percent below its peak from last year. Investment and research firm Green Street Advisors said that retail and hotel assets are doing… more

Multifamily Leasing Goes Virtual

Since there are social-distancing rules in several states and municipalities, signing a lease for an apartment can't be done in person. But people still have to move from one location to another. To combat that, some multifamily landlords have adopted… more

New KC Home Listings Up, But Still a Major Drop

New home-listing sales pending are up week over week by 4.5 percent in the Kansas City metro area, according to Zillow, which might show a slight rebound in the housing market. But it's not a major correction in the downturn… more

Malls Reopening This Week

Oak Park Mall, Independence Center, and other area malls are reopening this week, as stay-at-home orders are relaxed in several area municipalities. Oak Park, in Overland Park, is opening tomorrow, with 11 a.m. to 7 p.m. hours, while Independence Center… more

KCMO Restaurant Reopening Guidance Is Here

Kansas City, Mo., has released its long-awaited guidelines for reopening restaurants in the city. Starting on May 15, establishments will be able to open for in-dining businesses as long as they follow a specific set of rules put forward by… more

COVID-19 Lawsuits Might be Restricted in Kansas

There is bill being proposed in the Kansas Legislature that would limit the lawsuit liability business owners would face from legal action related to COVID-19. Proposed by the Kansas Chamber of Commerce, the bill could be considered May 21, when… more

Baseball at Kauffman in July?

Major League Baseball is considering a proposal to start the regular season in July, with teams playing at their home stadiums, as long as it doesn't violate states' reopening rules. Though the games would be played at the stadiums, the… more

Hyatt Laying Off 1,300 Employees

Hyatt Hotels, which has locations in Johnson County, Kan., and by KCI airport, is laying off 1,300 workers company wide, due to a steep drop in travel caused by COVID-19. During its first quarter, Hyatt lost $103 million due to… more