KERA News Mona Ogas was evicted from The Lodge at River Park while she waited on rental assistance from the Texas Rent Relief program.
When it launched in February, the Texas Rent Relief program struggled to help tenants who d fallen behind on rent due to the pandemic. In the first six weeks, just 250 Texans got help, out of the 72,000 people who applied.
Mona Ogas fell through the cracks.
Ogas was laid off right as the pandemic hit. She d spent a career working on the business side of health care, and had a good professional network. She’d been laid off before, and always found another job.
Bolton site leased for Encore Boston Harbor casino warehousing
Ken Cleveland
The Boston casino is leasing warehouse space at 41 Main St., at the Paragon building.
O’Brien Commercial Properties “brokered a lease transaction, totaling 82,000 +/- square feet of high bay warehouse space. (Broker Nate) Nickerson represented the landlord, Paragon Holdings, and procured the tenant in the transaction.
“The tenant is relocating their warehousing operation in Wilmington to their new facility in Bolton,” according to O’Brien’s website.
The lease helps fill some vacant space in Bolton’s commercial properties.
“The town wasn’t involved at all in connecting Paragon up with Encore,” according to Erik Neyland, who heads the town’s Economic Development Committee, which has been working to market commercial space in town.
The Top Multifamily Stories of 2020
The apartment industry faced new challenges and demonstrated its strengths in a year of unparalleled turbulence. Dec312020
Image via Pixnio
The apartment industry kicked off 2020 in a position of strength, benefitting from job growth, low interest rates and robust sector fundamentals. Nobody could have predicted the turbulent events of March and April, which saw a global pandemic and public health response that affected billions of lives and brought much of the U.S. economy to a standstill.
Multifamily owners and operators were forced to quickly adapt and innovate in the face of new social distancing guidelines and renters’ strained economic circumstances. But, with the federal government propping up residents with stimulus money and additional unemployment benefits, the industry weathered the storm better than most other commercial property sectors. While major hurdles remain, the resiliency of multifamily has enabled alloc