The coronavirus pandemic could alter the way office space is used in the future, but in the present, it’s putting a lot of strain on building owners and their tenants, according to two commercial real estate experts who hosted a webinar for NAIOP members this week. […]
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The social-distancing aspect of the coronavirus pandemic has rapidly introduced millions to remote work. While some might view it as a vast, high-velocity social experiment that could forever change our lives by eliminating the daily commute to the office, not all commercial real estate experts see […]
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The COVID-19 pandemic has radically impacted how development and construction firms operate. The industry is currently navigating rapidly changing governmental orders concerning business closures, many of which vary state by state, as well as major disruptions of ongoing projects. Now is also the time for these […]
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The COVID-19 pandemic has shut down much of the U.S. economy, which is creating serious problems for both commercial real estate tenants and landlords. Attorney George Pincus of Stearns Weaver Miller, P.A., in Fort Lauderdale, Florida, presented a NAIOP Advantage Series: CRE Response to COVID-1 webinar […]
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All the case law precedent in the world is not going to solve the problem of tenants that cannot pay rent due to revenue losses, such as restaurants or businesses that have been forced to lay off all employees because of the coronavirus pandemic, warned attorney […]
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Commerce had begun to change before the outbreak of COVID-19; from the exponential trajectory of e-commerce, to the rise in consumer demand for more immediate goods, to the rise of urban industrial development to fulfill last-mile needs. The unknowns of this novel virus have accelerated that […]
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As our nation deals with business shutdowns, mandated stay-at-home orders, and other measures necessary to mitigate the spread of the novel coronavirus, our economy is suffering damage at levels not seen since the Great Recession of 2008, and possibly the Great Depression. In an effort to […]
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“We’re going to bounce out of this a lot faster than some of the most pessimistic people think.” That’s how Spencer Levy, chairman of Americas research and senior economic advisor for CBRE, opened a webinar last week with members of NAIOP Maryland on the impacts of […]
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Spencer Levy is the chairman of Americas research and senior economic advisor for CBRE. During a webinar with NAIOP Maryland on Wednesday, he answered several questions from attendees about the COVID-19 pandemic and its effects on the commercial real estate industry. Q: How will the unemployment […]
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The COVID-19 pandemic continues to cause unprecedented uncertainty in all aspects of commercial real estate. CRE professionals are focused on not only managing their tenants and properties safely, but keeping their businesses open by harnessing a variety of available technologies. Appraisers are also facing extraordinary challenges […]
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