Instant Insights Coronavirus and CRE

Dekel Capital's Shlomi Ronen says that the world will get back to normal pretty quickly.

Ian Formigle of CrowdStreet says we are in a recession but there is data to suggest it will be more V-shaped than U-shaped or L-shaped, and right now, he is betting on a V-shaped recession.

Retailing in the digital age transformed itself to compete with the likes of Amazon, but as a result, this industry is better prepared to perform during the current health crisis without even realizing it.

Regulators have also granted banks more leeway to make short-term modifications on loans.

Stakeholders across every real estate asset class are reviewing contractual obligations to assess risk and introduce clauses to limit exposure, citing force majeure, unforeseeable circumstances or events.

Real estate owners are retrofitting their properties for performance purposes to sustain them amid intense operational schedules, such as demonstrated with the current coronavirus pandemic, Michael Moran, chief sustainability and risk officer at technology firm Microshare, tells GlobeSt.com.

"It's been a seller's market for years. Now we have a shock to the system."

This recession will be more severe but shorter than the Great Recession as UCLA estimates a 6.5% GDP loss in the second quarter alone.