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Commercial real estate leader Steve Schwab is looking to sign tenants to leases at a new development in downtown Denver but he’s running into troubles linked to the pandemic.“COVID has a had a major effect, probably the most major effect in the sales business,” he said.Schwab, a managing principal at Cushman & Wakefield, says COVID-19 has had a major impact on commercial real estate in a short amount of time.“Between the first quarter and the second quarter, we saw office investments sales decrease by about 72%,” he said.Schwab says unemployment, more people working from home and social distancing are impacting commercial real estate sectors like shopping centers, hotels, retail and office spaces.He says that the road to recovery will be very challenging, something other industry experts agree with.“The restaurants, the gyms, the bowling alleys, those are going to struggle over the next 12-18 months until we get back to full physical occupancy,” said Spencer Levy, chairman at CBRE.Levy says high inventory combined with low interest rates could attract foreign investors to American commercial real estate, something he welcomes with open arms.“Foreign money isn’t just cash. It brings everything with it. It brings jobs, it brings foreign students, it brings people that buy retail,” he said.But will foreign investment bring more people back inside massive buildings?Levy compares what today's commercial real estate industry needs to rebound to that of 9/11.“We had a period of time where people were tragically afraid to be back in the cities, afraid to go back into tall buildings. But that passed after people had better security in those buildings,” he said. “We are going to see exactly the same thing today from a wellness prospective.”With many major retailers already moving out of brick and mortar buildings, and millions of square feet available across the country, Levy says the commercial real estate industry needs more government assistance on the road to recovery. 2005

CORONADO, Calif. (KGTV) - A major makeover is underway at the Hotel del Coronado, and now the project is moving into phase two, which includes a new entrance. On Wednesday, hotel guests and the public will be able to use the hotel's new underground parking structure, which features 729 spots. For the next two years, guests will enter the hotel from the north side, as the main entrance is redesigned. The temporary entrance can be accessed from R.H. Dana Pl. The project will cost 0 million, a figure that's double the original estimate."To ensure that the Hotel Del is staying relevant with the times, but also that it's here for another 130 years," said Nick OrRico, the resort manager. OrRico says they've been working diligently to enhance the guest experience while construction is underway. After the popular restaurant Sun Deck closed for construction, the hotel created an alternative eatery on the beach with a food truck. "We are still looking for ways to build unique experiences for guests, so they still want to come over here and experience our beautiful beach," said OrRico. Holiday traditions will continue despite renovations, including Skating by the Sea, which kicks off this Friday.For Thanksgiving, the Hotel Del is expecting close to 3,000 guests for dinner in the Crown Room and Ball Room, plus more in the restaurants.On Christmas Eve, they'll serve 500 guests in the Crown Room. And on Christmas Day, they're expecting 2,000 in the Crown Room and Ball Room.The renovation project is expected to be completed in December 2021. 1563

CNN reporter Jim Acosta's press credentials for the White House were stripped "until further notice," after Press Secretary Sarah Sanders accused him of "placing his hands on a young woman."Sanders tweeted out a video of Acosta at a news conference questioning President Trump, but some sources are saying the video is doctored.The news conference aired nationally before the video was released, and many people saw the original incident. They say the video appears to have cut out Acosta saying "pardon me, ma'am" to a White House intern who was reaching to take away a microphone.In the allegedly doctored video, it appears Acosta's arm movement of pushing away the intern was sped up. 695

CLEVELAND — A Cleveland website is facing backlash after attempting to be humorous about the foreclosure crisis and sex trafficking. Coolcleveland.com wrote an article about an upcoming gingerbread house making event at restaurant TownHall. In the now deleted post, the site said "the foreclosure crisis left a lot of empty gingerbread houses around Cleveland. Many end up becoming dens for cracker addicts." It also mentioned "gingerbread sex slaves."A spokesperson for TownHall said they were upset by the post. "We are appalled by the article written by Cool Cleveland. We had no prior knowledge of the article, nor did we approve the article in any way.  The moment we saw the post, I personally called Cool Cleveland to express the inappropriateness and requested it be taken down immediately," Director of Communications Kayla Barnes said. A publisher for Coolcleveland.com apologized for the post and wanted others to know TownHall was not responsible for the content. You can read the full apology below:  1066

CINCINNATI — A Mason, Ohio woman said a "hero" tended to another woman who was suffering from seizures during a flight from Houston to Cincinnati on Sunday, and she wants to know why the pilot didn't land so the woman could get medical attention.Amy Hammond said a woman, who appeared to have a young boy with her, two rows in front of her began seizing as the plan was ascending out of Houston, about a minute or two after takeoff on United flight 3466. A man sitting nearby said he worked for a fire department and began to help her, despite being initially scolded for being in the aisle during the ascent, Hammond said. He asked if there was a doctor and then tended to the woman himself through seizures and periods of unresponsiveness. The good Samaritan helped the woman for more than two hours, according to Hammond."He 100 percent kept the plane calm," she said. "He kept us calm because he was so in control."The woman seized "dozens of times" during the flight, but the man would keep her breathing and wake her up, according to Hammond. About 40 minutes in, another person also stood up to help. She said they went through nearly two cans of oxygen from onboard the plane."He just kept her talking, kept right in her face, just kept her going," Hammond said. "And then he knew he was losing her and all this stuff. But by the end, we'd have like 50 seconds of her being unresponsive."A video Hammond posted on Facebook showing the man helping the seizing woman had been shared hundreds of times Monday afternoon.WARNING: The video may be disturbing to some viewers. 1605