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Commercial real estate news, developments and predictions surrounding Covid-19.
When the second wave of the pandemic rocked Phoenix in July, office activity paused briefly before picking up again.
Normally, low interest rates would stimulate commercial real estate investment, but that isn't the case in 2020.
These people are attracted to the lack of competition and record low-interest rates in the market today.
DBRS Morningstar found 14 CMBS loans totaling $467.4 million in New York City are delinquent or in special servicing.
These transactions are common in commercial asset transactions, but the pandemic could create demand for the deal for single-family homeowners.
Control of real estate and online shopping presence will play a role in which firms survive.
Air measuring and ventilation are among the tools that can help buildings reopen.
COVID has made it harder to tour properties and run extensive marketing campaigns.
Hotels have been hit very hard by the pandemic, prompting management companies—including large ones—to fall behind in their returns.
During the pandemic, leasing activity is down 70% from last year and tenants signing leases are favoring short lease terms.