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Commercial Leasing Law & StrategyFeaturesLandlord Tenant LawLitigation

Will Delta Variant of COVID-19 Impact Commercial Real Estate Recovery?

By Erik Sherman
August 01, 2021

Daily COVID-19 cases have been continuing a steady rise since June 20. As of mid-July, the moving average was 33,292, or just above the first wave peak in April 2020, according to CDC data.

Given the mountainous 7-day averages of more than 251,204 on Jan. 11, 2021, that may seem small. And as of press time, there are more than 160.4 million people in the country fully vaccinated. However, the U.S. population is more than 332.5 million with about 56.2% receiving at least one dose and 48.7% fully vaccinated at press time. Despite this progress, the new Delta variant is speeding across the country and even leaving dead some who were supposedly protected.

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