Among 18 commercial real estate sectors, medical office presents the lowest level of risk in a COVID-19 recession, according to a report released March 26 by Green Street Advisors LLC, a real estate research and advisory firm based in Newport Beach, Calif.
This resource guide has been updated with news from the U.S. Treasury Department, the Small Business Administration and the CRE Finance Council, among others.
The flood of coronavirus information can be paralyzing, but when the crisis hits home with a confirmed COVID-19 exposure in one of your buildings, you need to take action. In the month to come, the number of confirmed cases will grow, as will the likelihood that an infectious individual enters your building. The time to develop a measured response to this situation is now.
Trump Organization properties are seeing millions of dollars in lost evenue daily, reports the Wall Street Journal. The Financial Times looks at how the coronavirus is starting to affect rents. These are among today’s must reads from around the commercial real estate industry.
