For the most part, landlords had little problem collecting April rents but the situation is changing for renters as the economy staggers under Covid-19.
RENTCafe found renters do not intend to postpone their moving plans despite the coronavirus, with 62% saying they are moving as soon as they find an apartment.
Shelter-in-place orders caused a sudden shift which has resulted in a demand surge across certain industries, with an emphasis on the crucial role that logistics real estate plays in everyday life, says a Prologis report.
While CBRE Research found that work on industrial projects in 16 of the top 20 markets was deemed "essential" and ongoing, a string of factors is slowing construction.
The National Multifamily Housing Council says its latest construction survey "portends potential for the COVID-19 pandemic to further exacerbate the nation's affordable housing shortage."
The coronavirus crisis has shown companies how much business is possible to be accomplished over the phone and video conferencing, Avison Young says in a Q1 report on the state's office market.