The pandemic has realigned how business is being conducted in the commercial real estate sector, ranging from how properties are being valued to future investment plans to how property tours are being. It's also refocused attention on metrics that in recent good years have not been very important: namely investment volumes and rent collections. It has been quite a change, it hardly needs to be said, with companies today actually releasing statements on their rent collections.
This hasn't been that much of an issue in the net lease space, although clearly the category has been affected as well. That is, at least, one takeaway from a virtual event we held yesterday to preview our GlobeSt NET LEASE Conference, which, due to COVID-19, has been rescheduled to September 16-17 at the New York Marriott Marquis. The virtual event ran from 12 to 4 pm ET and featured video networking and a state of the industry town hall.
Viewers from around the country attended the event to hear from panelists Barclay Jones, EVP for iStar, Teddy Kaplan, portfolio manager for New Mountain Net Lease, Glen Kunofsky, managing director with Marcus & Millichap's net lease group, Gino Sabatini, head of W.P. Carey and Chris Capolongo, managing director with Angelo, Gordon's net lease strategy group.
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