Author: Kevin Brennan
-
The Covid Year & its Effects on the Commercial Real Estate Market
on
Commercial real estate trends are not absolute–and they’re not necessarily exactly the same in all markets or submarkets. However, general trends matter when predicting what the future holds, even when these trends seem to be changing weekly in response to vaccination levels and the easing of government restrictions. That being said, for several decades…
-
Now that we are a full two quarters deep into the global recession caused by the COVID-19 virus, the effects of the pandemic are becoming crystal clear as to how it’s affecting the commercial real estate industry. Certainly, everyone understands that the retail, hospitality, travel and leisure and entertainment industry categories are completely distressed, to the extent that tens of…
-
After a ten-year run, the booming commercial real estate office market has turned to bust overnight… COVID-19 has proven to be a brutal shock to the world economy that will drive the commercial real estate office market to very uncomfortable new depths not seen in 20 years…maybe longer. At the macro level, San Francisco’s second quarter of 2020 ended with…