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.
Across the Asia Pacific region, central banks were acting to tame markets with mixed success.
Specifically, his paper highlights the fragility of mortgage REITs and credit funds.
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.”
More than a third of family offices boosted their cash reserves last year as they bet on a global recession in 2020.
For net lease investors, commercial real estate remains a long-term game.