All issues that can occur on a property have to be reflected in lease documents, management agreements and insurance policies.

The impediment to more office transactions in the market has been a dearth of core-plus properties for sale.

Spurred by client interest, advisors are looking to capitalize on this versatile asset class

“While we all want to protect health, we also have to fund our mandates,” says MBA’s policy head Mike Flood.

“We have to get back to the basic problem that many of these tenants simply don’t have the income to pay the rent,” said Barry Zigas, senior fellow at the Consumer Federation of America.

Occupancy for U.S. hotels averaged 44 percent in 2020, the lowest number on record, according to STR.

Revenue from the Trump hotel in Washington, D.C. and hotel properties in Las Vegas fell by more than half from 2019.