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Fitch ran various stress scenarios to determine how telework would impact demand, rent and net cash flow on 2012-2020 vintage office CMBS transactions.
Investors eyeing medical uses will need to keep in mind that office-to-medical transitions face an uphill battle.
In Q4 2020, industrial saw $11.9 billion in sales volume at an average price per square foot of $100 per square foot.
Right now most leases are rolling over at the same level and/or at the same rate, according to Moody's Analytics REIS.
They also plan to stay in the same city instead of moving to a new location.
Sellers and brokers are using the market as their pricing mechanism to begin negotiations.
Partnerships and S corporations may want to consider an extension instead of filing for the March 15 deadline.
Reentry is not a one-size-fits-one approach and must consider several conflicting demands.
When converting commercial buildings into apartments or condos, it's harder to reduce the square footage and keep the layout.
Distressed hotel assets have been hard to find as lenders have been willing to extend forbearance.