The pandemic might permanently change some property sectors.

McDonald’s is likely to take a big hit on income in 2020. But owning its real estate empire should be a big help.

In spite of the measures reportedly in place, many employees are still getting sick.

“This is not the time to negotiate for the last nickel,” stresses one source, as tenants and landlords both need to survive.

The question for developers now is how many of those units will actually come online and how quickly new units will be filled.

Interest in VR and AR technology that allows prospective tenants to tour spaces virtually has picked up, but virtual closings still lag behind.

The outlook for construction and development has been thrown into deep uncertainty by the COVID-19 pandemic.

Most property managers are working with tenants on payment plans or other relief measures, but have concerns about abilities to cover costs and pay mortgages down the line.

The company was already facing financial issues when it encountered a worst-case downturn scenario.