This recession is fundamentally different than the Great Financial Crisis in 2008, and as a result, the opportunities to benefit from the market dislocation will also be much different. Specifically, there will likely be fewer distressed asset sales in this down cycle than in 2008—where investors were presented with big opportunities to buy assets at a discount. This round, strong fundamentals heading into the recession will help to stabilize pricing and reduce distress in most asset classes.

“The fundamentals for office, multifamily and industrial product heading into this downturn were very solid,” Kevin Shannon, co-head of U.S. capital markets at Newmark Knight Frank, tells “Owners, generally speaking, were more disciplined during this downturn as compared to 2008, and construction activity has been moderate. There is also no banking crisis this time around, suggesting there will be fewer opportunities to acquire distressed office, multifamily and industrial space.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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