The effect of COVID-19 could lead to increased demand for real estate—think about the need for social distancing in business, government and entertainment venues—or lower demand as virtual work expands.
COVID-19 has accelerated companies' acceptance of remote work, but social-distancing measures mean that they will continue to require roughly the same amount of office space.
"For investors looking for exposure, we continue to favor stable, grocer anchored portfolios with positively trending rent collection statistics rather than trying to push further out the risk curve."
Lodging operators from Maine to Maryland, and the community banks that support them, hope that "drive-to" markets stand the best chance of a short-term recovery from the COVID-19 downturn this summer,
Kastle Systems, a managed security services provider to commercial businesses, has released anonymous data from their properties in 10 major U.S. cities to better help understand occupancy patterns in light of COVID-19.