COVID-19 implications for commercial real estate .... Preparing for the “next normal”
This is an excellent, and very thorough, insight from Deloitte on COVID-19 and its impact on CRE.
Obviously the biggest impacts will be on hospitality, shopping malls, and other large venues. Still a mixed bag for neighborhood retail, multifamily, and office/industrial.
The portion of the article that I focused on was towards the end, with a conversation on how the market can Respond, Recover and Thrive. We are (hopefully) towards the end of the Respond phase at nearly all of our properties, and have moved to the Recover phase.