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The pandemic will continue to cause disruption in CRE markets as the economy recovers into 2021, according to a new analysis from Moody’s Analytics REIS, with a number of transitions affecting all property typesincluding retail, hotel, office, industrial and multifamily. But the story, the report notes, is a local one. 

The analysis by economists David Salz and Thomas LaSalvia notes that the issue of where those transition properties are and how they’ll transition is still a question mark. Prices haven’t fallen enough to register real “transitions on any great scale,” they say, and transaction volume has increased in the past few months.

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