Research

Higher costs from COVID-19 and lower revenues from pausing profitable elective surgeries have hurt Houston-area healthcare providers, prompting them to pause real estate projects and transactions.

"The pandemic has put a premium on e-commerce activity," Scott Amoson, director of research for Colliers International in Atlanta.

"As consumers and businesses adapt to enforced distancing and lockdown measures, the way in which Americans use commercial property has abruptly changed."

REIS forecast a "record" decline in asking and effective rents by between 3.4% and 3.9% for 2020 alone.

The largest new delinquency in July was the $267 million Gurnee Mills loan, which became 60 days delinquent during the month.

Low mortgage rates combined with more time at home are spurring a real estate boom.

Contributing to the pessimism could be the increase in number of reported coronavirus cases in the country, delays in development and obtaining permits, delays in financing, and supply shortages

Despite New York City based companies looking to suburbs for cheaper office space outside dense urban areas, leasing activity for Long Island office space experienced a slowdown in the second quarter.