Analysis

During the pandemic, leasing activity is down 70% from last year and tenants signing leases are favoring short lease terms.

The combination of increased funding and a workforce that needs to come to the offices makes the sector resilient.

The number of virtual visits has exploded in 2020, and healthcare real estate operators should see some long-term changes.

In July, two-thirds of retailers paid only 65% of rent, but most tenants have worked out repayment plans.

Pricing in the third quarter shot higher than increases in wages and was not offset by super low mortgage rates.

The pandemic has precipitated a meaningful pullback as tenants revert to the rent-free work from home alternative.

If the court strikes down the Affordable Care Act in a pending decision regarding the severability of the individual mandate, hospitals could see fewer insured patients and lower reimbursement rates.

While apartment REITs could see the pandemic affect their fundamentals for a few quarters, their single-family peers can expect strong occupancy.