CRE Awaits Adrenaline Injection From $1.9T Stimulus

The new round of government stimulus—a $1.9 trillion package that is expected to pass the House of Representatives shortly after having been sent back from the Senate this week—will set the stage for economic recovery and will serve as “critical supports” for virtually every commercial property type, according to a recent analysis from John Chang, vice president and senior director of research at Marcus & Millichap.

This is clear from previous stimulus packages, which aided tenants’ ability to pay rent, helped fuel consumption and sales and allowed companies to keep their doors open and people employed, Chang says. This new bill, at a whopping $1.9 trillion, will turbo charge these efforts, plus provide one additional benefit. “It will give investors more clarity on the path ahead, allowing them to make business decisions and keep their eyes on the horizon,” Chang says.