CRE Business

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

Real estate stocks have taken a hit as investors fear people will flee cities for more spacious suburbs.

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.

Tenants of one of Wuhan’s largest malls are demanding rent cuts as a result of having no business during the shutdown.

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