NOT FOR REPRINT
Page Printed from: globest.com/globest-topics/covid-19/?page=60
Sign In To follow
Commercial real estate news, developments and predictions surrounding Covid-19.
Regaining normalcy following the pandemic will be the most challenging for large coastal markets.
Long term opportunistic investors that bet big, at the right basis, and early in the cycle will likely reap tremendous financial rewards.
Real estate executives believe the market will come back in 2022.
CREW OC recently hosted virtual event Perspectives on Housing Affordability to analyze the local housing crisis.
New lease provision are pushing for a percentage of the rent to be based on gross sales so that in the event of more business closures, rents are reduced.
Tenants are beginning to show interest in lease renewals, but other fundamentals show the market continues to struggle.
In Oxford Economics' worst-case scenario, loan losses would erode bank capital.
The NAIOP CRE Sentiment Index was 45 for September 2020, indicating that market professionals have a pessimistic outlook for the next 12 months.
Presented by Thought Leadership
Still the relative "new guy" on the CRE block, the online auction is seeing increased volume during this pandemic year.
Lenders are willing to talk about new construction co-living deals if the economics work.