Architecturally, nothing will prevent getting COVID, but using change management strategies to make people more comfortable returning to work are helpful, says Christopher Goggin, Gensler principal.
Changes in insurance reimbursement have expanded the availability of telehealth, with new implications for healthcare real estate occupiers, owners and investors.
An analysis by JLL finds that landlords and companies are turning to technology to help protect the health and safety of employees who are returning to the office.
"Before we bid farewell to the office market, we should be reminded that this property sector is resilient. It benefits from a few underlying fundamentals that give it strength during times of market disruption," said Trepp's Lonnie Hendry.
Foreclosures are "artificially low" due to federal and state moratoriums and will significantly increase when those expire, but it's unlikely default rates will reach the levels of the 2008 recession.
While flexible space may "provide a new skin over top of an old chassis," it's important as building owners and tenants look for safe ways for employees to return to offices.