Only when the market opens up fully and a broader spectrum and type of properties start to trade will we have a better signal on where prices are going.
With the economic pressures and uncertainly brought on by coronavirus, corporations are looking for lease term flexibility and more agile office solutions.
While COVID-19's economic impact makes it nearly a given that higher default rates will occur, the economic outlook is a bit rosier than earlier expectations.
Only 19% of property managers in the study reported that rents were being paid on time, while the rest reported that they had tenants who were unable to pay, according to a new report from the National Association of Realtors.
The dramatic rise in COVID-19 cases — especially in Texas, Florida and Arizona — is forcing businesses with a large public component either to pause reopenings or close again.