Monthly Archives: January 2021

Newmark Merrill Promotes Brent Sherman to Regional PM

NewMark Merrill Companies Inc. recently promoted Brent Sherman to regional property manager. Most recently, he served as portfolio manager. Sherman is responsible for overseeing the property management of almost two million square feet of shopping center space in Los Angeles County which includes Crenshaw Imperial Plaza, The Shops …

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Retail Waits To Reopen, Recover

Right now, retail is a tale of two markets: the essential and the nonessential. Or the "haves" and "have nots." This is particularly true in California where current stay-at-home orders limit retail capacity to 25 percent, while dining- whether indoors or outdoors - is not allowed in …

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Property Managers Wait for Other Shoe to Drop

Since the economy bottomed out last spring, rent collections at malls and other retail centers in North Los Angeles have seen monthly incremental hikes as landlords and tenants engage in a delicate dance of payment agreements. Now, those in the property management business worry that December’s recent lockdown, …

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