Real Capital Analytics saysuncertainty from investors continues to climb and US commercial property sales fell again lastmonth with the coronaviruspandemic.
"The headline figures for dealactivity in May are dismal," RCA wrote in a report."Investor uncertainty continues to mount as it remains unclear theextent to which Covid-19 will impact the broader economy and sapbusiness demand for commercial property."
The report says many investorsare making the choice to sit on the sidelines. The new report comesas the US remains in the throes of a coronaviruspandemic, which has forced many businesses to rethink how they willprevent the spread of the deadly virus.
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Ryan Tarinelli
Ryan Tarinelli is a reporter at the New York Law Journal. He is based at the New York State Capitol in Albany, New York. He can be reached through email at [email protected]. Follow him on Twitter: @ryantarinelli.
