Research

That level of closures could lead to almost 159,000 job losses.

Landlords are providing more concessions to tenants as the spread between starting rent and effective rent has increased 27%.

Employees of industries hardest hit by the Coronavirus comprise much of the apartment dwelling universe, creating rent collection challenges.

Velocity, volume and asking rents all fell to—or by—record-lows, while the largest amount of supply became available in over a decade.

Amazon led the way transacting more than 26.9 million square feet during the first half of 2020.

Results for the third quarter appear positive, though other metrics for apartments activity were mixed.

Since March, rents have fallen in 41 of the top 100 metros in the US with San Francisco, New York and Seattle among the markets with the steepest declines.

As previously reported, the office market has been rocked by the pandemic. GlobeSt.com takes a closer look with an infographic on the subject including what initiated this trend.