Industry pros are continuing to unpack what's in the massive $2 trillion stimulus package, but already some items stand out that should provide relief to the commercial real estate sector.
As America grapples with the coronavirus-impaired economy, family offices are feeling the same uncertainty as other investors are. In some cases, it means it’s time for them to selectively search for commercial real estate opportunities.
The unfolding global coronavirus pandemic is grinding economic activity to a halt and throwing the near-term outlook for commercial real estate investment into deep uncertainty, overshadowing all other issues. But when the market does return to some sense of normalcy the shakeout of the pandemic might only heighten the growing pressure private equity real estate fund managers have been facing from institutional investors to strengthen environmental, social and governance (ESG) requirements on their funds.
Expanded unemployment benefits and a one-time government payment for most Americans should ease some of the strain on renters and, by extension, on owners of multifamily properties.
In a survey conducted right before the COVID-19 outbreak, industry pros were bullish on all fronts, expecting capital to continue to flow freely, cap rates to hold steady and developers to deliver a healthy supply of inventory in the coming year.
Grocers get a preview of consumer demand shifting to buying food online amid the coronavirus, according to the Wall Street Journal. WeWork demands tenants continue to pay rent at locations that remain open, reports Forbes. These are among this weekend's must reads from around the commercial real estate industry.
