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One of the things that makes real estate investing so popular is the variety. Residential real estate, for instance, consists of a variety of property types. That begs a question,…NASDAQ Stock Market Forecast It’s the beginning of the back to work era, post Corona Virus, at least gradually. And things aren’t the same. This has NASDAQ stock investors feeling good. NASDAQ stock prices rose strongly this week to above 9000 and has erased all of its Corona Virus pandemic losses. The rise of the…
The number of confirmed cases of COVID-19 stands at 32,171 and the death toll at 1,399, according to to the evening report from the Georgia Department of Public Health.
Piedmont Healthcare has announced it is now offering COVID-19 antibody testing to all patients. According to Piedmont, the test is safe and simple and, done via blood draw, which means no need for the nasal swab. While an antibody test won’t tell you if you’re immune from the virus, a positive test result means you have likely been exposed and that your body is responding in the appropriate way: forming antibodies to help combat the coronavirus. Learn more about COVID-19 antibody testing.
Mayor Keisha Lance Bottoms ordered flags to be lowered to half-staff immediately on all City of Atlanta facilities until further notice, to honor victims of the coronavirus pandemic. “Many Atlantans have lost relatives, friends, and cherished community members due to the COVID-19 virus,” said Mayor Bottoms. “We honor the lives of Atlanta residents who fall victim to this virus, and we will continue to do so until the curve is flattened in Georgia.” Bottoms called for the order due to the inability of families to plan traditional ceremonies for those whose lives have been lost because of social distancing requirements. The lowering of flags also serves as a reminder to continue to stay at home until COVID-19 cases decrease across Georgia. “There are so many individuals who are working on our behalf – medical professionals, first responders, and frontline employees – as they put their lives on the line each day to help fight this pandemic,” added Mayor Bottoms. “We pay tribute to you as well as you care for so many others. Working together, we can emerge from this crisis stronger and more resilient than ever before.”
The post Coronavirus Update – May 8: Cases surpass 32k; Piedmont antibody testing; city honors victims appeared first on Atlanta INtown Paper.
Key highlights from this report: Several research groups have published U.S. home-price forecasts recently. While they all vary slightly, there is a bit overlap in terms of projections. The consensus is that home prices could dip slightly in the second half of 2020. The coronavirus pandemic and resulting job losses are the primary cause. In […]
The post A Trio of Home-Price Forecasts Extending Through 2020, Into 2021 appeared first on HBI News.
As the coronavirus became widespread around the world, the demand for remote work has never been greater. This applies to almost every industry including real estate property management. As a…
Amidst a global pandemic, everything’s going virtual. Schools, work, conferences, and traveling. Yes, traveling. With Airbnb affected by the global shutdown of the travel industry, hosts and real estate investors…
Real estate investing has a lot of benefits including cash flow, appreciation, tax advantages, and leverage. Although it can be a lucrative investment strategy, not all investment properties will generate…
When it comes to investing in real estate, one of the first steps every investor has to take is, you guessed it, find investment properties. However, finding investment properties isn’t…
Ground was broken today for the Confluence Bridge, a pedestrian span over Buckhead’s Peachtree Creek intended to be a link to major trail systems.
“Our goal has been to uncover and restore the natural habitat of this beautiful urban waterway and provide ways for people to connect with our natural systems, often hidden from view by neglect and overgrowth,” said Conservancy board president Glenn Kurtz in a press release. “The Confluence Bridge will help provide new connections.”
The 175-foot-long, $2.8 million bridge will run along the west side of I-85 behind the Lakeshore Crossing apartments off Piedmont Road. It will connect a trail created by the South Fork Conservancy — the group building the bridge — with PATH400’s route along Adina Drive.
Ultimately, the bridge is intended to connect those trails with the Atlanta BeltLine and an extension of the Peachtree Creek Greenway, the first disconnected mile of which recently opened in Brookhaven.
Construction is expected to be completed in the fall, according to the Conservancy.
The bridge will be built in a wooded area not from where a section of I-85 collapsed in an infamous 2017 fire.
The post South Fork Conservancy breaks ground on pedestrian bridge over Peachtree Creek appeared first on Atlanta INtown Paper.
The Board of Regents for the University System of Georgia (USG) provided authority Thursday for a plan for possible staffing reductions and furloughs due to rapid changes in expected state revenue caused by the COVID-19 pandemic.
USG is working now with its 26 colleges and universities to develop a new spending plan for fiscal year 2021 that includes a 14% reduction from the current fiscal year.
Any action related to staffing reductions and furloughs will be based on the final budget appropriation to be approved in June. The Board’s approval allows institutions and the system office to respond to the state’s request for a plan to reduce spending by 14% starting July 1.
While this may include difficult decisions, the system’s top priority continues to be helping students complete a college education. USG remains grateful to all its employees for making a difference at a critical time for the University System, including keeping institutions and the University System Office (USO) accessible and responsive during this extraordinary time.
The Board’s guidance, to be reflected in each campus plan, requires faculty and staff at all 26 USG colleges and universities as well as the USO to take a minimum number of days of unpaid time off depending on their salary range, with the exception of those with the lowest base salaries. For most employees, this means either 4 furlough days or 8 furlough days, depending on their salary. Those with the highest base salaries will be required to take 16 furlough days, or the equivalent of a 6.2% pay reduction.
In addition, the Chancellor and all Presidents at every USG institution will take the equivalent of a 10% pay reduction which includes 26 furlough days for fiscal year 2021.
USG institutions and the USO may also need to adjust staffing levels to meet operational needs and address the immediate impact of revenue and funding losses. These plans, including the number of impacted employees, will be unique to each institution.
“Employees of the University System of Georgia and our 26 colleges and universities continue to show resilience and dedication despite facing uncertainty and unprecedented challenges during the COVID-19 pandemic,” USG Chancellor Steve Wrigley said. “Their work has been instrumental in supporting not only USG’s 333,000 students, but thousands of Georgians across the state. I deeply appreciate the contributions of our employees impacted by these measures, and ask all of us to show our respect, compassion and gratitude for their service to our students.”
Institutions have already experienced changes to campus operations caused by COVID-19, including a move to remote instruction and the departure of thousands of students from campuses, which has had an immediatenegative impact on auxiliary operations and finances.
USG will continue to monitor the financial impact of COVID-19 and adjust as circumstances require. The system also continues to implement cost-cutting measures. These include a Comprehensive Administrative Review that will reduce administrative costs systemwide by more than $100 million and a critical hire process that was implemented in December 2019.
While remote instruction will continue through summer, on-campus classes are tentatively expected to restart in the fall. A final decision will be based on guidance from the Georgia Department of Public Health and the Centers for Disease Control and Prevention.