Lessons from previous crises will help owners survive the current market upheaval, according to Patrick Toomey of Institutional Property Advisors. The impact of the COVID-19 pandemic and the resultant economic and societal fallout has been far-reaching and is unique when it comes to the “why” of the crisis—at …
CPE 2020 Executive of the Year Award SANDY SIGAL Chairman, President, CEO & Founder, NewMark Merrill Cos. Sigal propelled his retail center investment and management company to San Fernando Valley Business Journal’s second-fastest growing company for 2019, based on acquisitions of $175 million in new assets and new developments worth …
ORANGE COUNTY, Calif. — Whenever he had a chance, NewMark Merrill President and CEO Sandy Sigal last week checked his smartphone every few hours for an update on the results of Prop. 15. As a commercial property owner whose company owns and manages several shopping centers across Southern …
ORANGE COUNTY, Calif. — For John Nye, an operating partner at Sentinel Restaurant Group in Laguna Beach, the coronavirus pandemic and its negative effect on the restaurant industry has felt like the movie “Groundhog Day.” With indoor dining in the county prohibited in the first five months of the …
California faced some of the most severe restrictions in the country when the pandemic hit, causing shopping center owners to rely heavily on their outdoor areas to keep tenants — and themselves — afloat. From California Center Magazine. Click here for the article. Click here for the entire publication
Businesses in Los Angeles County breathed a sigh of relief last week as ballot measures that would have imposed higher costs or stricter regulations either were rejected outright or appeared headed for defeat. Measures to allow cities to impose tougher rent control laws, regulate dialysis clinics and eliminate …
California ballot measure Proposition 15 — the split-roll tax proposal meant to create higher taxes on commercial and industrial properties — was lagging by a fairly narrow margin as of mid-day Wednesday. With 72 percent of votes counted, 51.7 percent voted against Prop 15 while 48.3 percent voted …
Our CEO Sandy Sigal sat down with Springboard CEO Steve Booth to discuss all things retail and how we leverage Springboard insights and their technology to support our tenants.
Yucaipa artist Allison Brown painted a mural on the side of a Riverside bank that she said will make viewers feel as if they are small people walking through a giant garden. “You get to walk through huge flowers,” Brown said of the bright and splashy 46-foot-wide and …