An analysis by JLL finds that landlords and companies are turning to technology to help protect the health and safety of employees who are returning to the office.
The impacts of COVID-19 stay-at-home orders and business restrictions may seal the fate of regional malls that were already struggling before the pandemic,…
"Before we bid farewell to the office market, we should be reminded that this property sector is resilient. It benefits from a few underlying fundamentals that give it strength during times of market disruption," said Trepp's Lonnie Hendry.
Factors that bode well for homebuildings include record low mortgage rates and a limited home inventory coupled with increased demand from residents who continue to work from home.
Given demographic trends RCLCO forecasts much greater demand than the current pace of production, which could result in a significant supply shortfall.
Irrespective of scenario, we expect tough sledding ahead for the economy … as job gains continue to slow, business failures persist, and wage growth and spending remain challenged.
"A standoff with tenants could result in tenant default and eviction, or it could lead to more constructive negotiations between tenant, owner and lender," according to NAOIP.