Analysis

32 million Americans are currently receiving unemployment benefits, without which many will be in a difficult position come the first of the month.

The pandemic and economic renewal were the top two issues listed in CRE's report, "The Top Ten Issues Affecting Real Estate" for 2020-21.

While a number of developments have stalled, and some have been canceled, many not-yet-completed real estate construction projects will still go forward, although likely at a slower pace, according to Moody's Analytics.

FSRs tried to pivot to save their businesses by ramping up delivery programs, streamlining their menus, and repurposing their parking lots as temporary drive-thru's, however, the shift to service their customers off-premises was difficult and costly.

Coronavirus is hitting hourly paid and low/moderate income workers' wages hard and their property owners are proactively seeking—and securing—forbearance relief to protect against unpaid rent.

"Now that a second surge of COVID cases is sweeping the U.S. and authorities are re-issuing social distancing measures, the retail market could continue to suffer over the next few quarters until a vaccine is developed," the report says.

In its latest report, Moody's Analytics says there is good news and bad news on several sector fronts.

There are a number of pandemic-related issues that could ultimately make coworking more appealing.