COVID-19

Article by:  John Doherty Vacancies Could Reach Record Levels, Topping a Recent Peak in 2017 Read the full article: https://bit.ly/39kV9RQ

Article by:  Andrew Nelson A Counselors of Real Estate’s (CRE) perspective on the impact of COVID-19 on real property and economic deceleration. Read the full article:  https://bit.ly/3aimrcB

Article by:  Doug Wambach and his colleagues from BWMS Legal perspective about how landlords should think about rent relief related to COVID-19. Read the full article:  https://bit.ly/2vLlXwD

Article by:  Crain’s Chicago Business “As the coronavirus spreads, all the once-reliable havens for real estate investors are mired in uncertainty.” Read the full article:  https://bit.ly/3aihOPM

Check out CBRE – U.S. Outlook for 2020 Coronavirus and the Risk to Hotels “The hotel market’s recovery from past major shocks, such as 9/11 nationally, Sars outbreak in Toronto, Ziki outbreak in Miami, typically took 14 to 24 months. Our downside scenario indicates it will take six to eight months for U.S. hotel demand…read more

Article by:  Irimar Waters “The Federal Housing Finance Agency (FHFA) has directed new Fannie Mae and Freddie Mac Policies for appraisers to follow regarding Covid-19 (coronavirus). In light of the economic and social impact, these policies have been put in place temporarily to ease the strain of the Housing and mortgage industry.” Read the full…read more

Article by:  Erika Morphy “In an extraordinary move to keep credit lines open, the Federal Reserve announced Monday morning that it would not put a cap on its purchases of Treasury and mortgage securities.” Read the full article:  https://bit.ly/33Ie47C

Article by:  Laura Waxmann “While the general tone among local commercial brokers interviewed for this article is to err on the side of caution in advising clients to wait for the storm to pass, big leases are still being signed, because for companies faced with expiring leases, business must go on.” Read the full article: …read more

Podcast by:  Norm Miller Norm Miller, Professor of Real Estate Finance at the University of San Diego School of Business, discusses the impact of COVID-19, also known as the Coronavirus, on the retail, hotel, multifamily, cap rate markets, and more. Watch the full podcast:  https://bit.ly/2vJaAFw

Article by:  John Egan “As an industry, self-storage is taking two approaches to the coronavirus pandemic — compassion and caution.” Read the full article:  https://bit.ly/2wnCk31