Author: Martens Appraisal

Small businesses have put up quite a fight over these past few months. While the pandemic acted as a major disruptor for every industry, small and local businesses took an especially hard hit. The pandemic threatened all things ‘business as usual’, making it imperative for small businesses to rethink their operational strategies from top to bottom. In the midst of these ‘new normals’ for small businesses, the industry has seen some truly ingenious survival tactics take form. Here are some of the most unique ways that we’ve seen businesses stay…

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As markets dip their toes into the reopening process and stores are welcoming shoppers through the door again, retail is facing never before seen challenges. Here are a few of these issues that retailers are dealing with while operating amid COVID: Pressure from Wary Consumers We all knew that regaining consumer trust wouldn’t be easy for the commercial scene. One of the greatest challenges retailers are facing today is consumer distrust. Retailers are responsible not only for keeping the store safe and clean but also to ensure that guests feel…

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What hasn’t COVID disrupted? At this point, the shocking headlines exploring the ways the coronavirus is impacting the world has become the ‘new normal.’ It’s clear that the virus has made waves everywhere, but the one thing everyone is keeping an eye on is the industrial sector. The warehousing business has been actualizing all of e-commerce’s promises, adapting to every new trend, and being increasingly flexible along the way. But, the already busy world of industrial kicked up yet again when COVID-19 cropped up. The virus immediately caused discrepancies in…

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While restaurant reopen timelines are still largely TBD, this industry has a lot of work to do before they’re ready to welcome guests again. The virus has impacted the global restaurant scene unlike any other. While many are concerned about small businesses, local eateries around the country have been hit with an unprecedented onslaught of issues. Food supply delays, serving restrictions, mandatory closures, and a widespread avoidance of restaurants have hit the foodservice industry with curveball after curveball. Depending on location, some restaurants have managed to stay open by operating…

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One thing is for sure, America loves pets. For so many of us, no home is complete without man’s best friend. Recent stats show that 71.1 million US households have pets, and according to the American Veterinary Association, 50% or more of renters have pets. All cuteness aside, this does pose some serious concerns for landlords, investors, and property managers – especially when dealing with multifamily assets. The reality is that having pets in a multifamily community comes along with substantial risks. But, properties can miss out on a large…

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