Possible Long-Term Impacts of COVID-19 on Commercial Real Estate

While it is likely that the long-term impact of COVID-19 on commercial real estate will be significant, the short-term effect may be to accelerate sector and geographic trends that were already prevalent before the pandemic emerged.

5 minute read November 01, 2020 at 12:05 AM

Steve Vainder

Possible Long-Term Impacts of COVID-19 on Commercial Real Estate

The ongoing economic contraction caused by the 2019 novel coronavirus has been swift and dramatic. In a matter of months, unemployment has reached Great Depression levels, bankruptcies have spiked, and the U.S. government has scrambled to avoid economic fallout.

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