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Commercial real estate news, developments and predictions surrounding Covid-19.
With concerns about safety, landlords need to establish a plan.
The retailer says that the Chapter 11 process will not prevent it from reopening its stores.
The seller wound up giving a small concession and the buyer was able to come up with a larger down payment to cover the lender shorting the loan proceeds, Marcus & Millichap's Adam Levin says.
While CBRE is optimistic about the larger US economy's recovery, commercial real estate will take a longer time.
In the net lease market we would expect the very best credit assets to have minor, if any, price discounting but more available inventory.
Roughly 30.3 million Americans have lost their jobs since the start of the coronavirus pandemic.
While lease transactions were placed abruptly on hold in March, demand has started to increase.
With shoppers hunkered down, the retail industry is trying to make the in-store experience as contactless as possible.
Mall Reits have had their challenges In the past and their battle scars may well be what gets them through this crisis.
Besides retail, hotels have been the hardest hit CRE sector. Despite its current difficulties, the sector is clinging to its history of resiliency.