The commercial real estate sector sits at an uncertain place with many assets sitting vacant or underused as tens of millions of Americans are staying home.
Some tips for commercial real estate pros getting used to the world of remote work, including how having an in-home video studio can help.
Because it’s uncertain how the pandemic will progress, it’s critical to plan for a wide range of scenarios.
Grocery stores and pharmacies are remaining open. That might aid shopping center REITs.
Industry insiders know the virus might be here for the long term. But that means shoppers and investors will eventually find a “new normal.”
If activity in Asia is any guide, expect a short-term dip in volume with a cautious recovery as the rate of infection slows.
“Right now, expectations call for a fairly quick rebound, which means holding through may not be too painful.”
Restaurant and store closings might mean some very tough decisions for regional mall landlords.
