Contributing to the pessimism could be the increase in number of reported coronavirus cases in the country, delays in development and obtaining permits, delays in financing, and supply shortages

Despite New York City based companies looking to suburbs for cheaper office space outside dense urban areas, leasing activity for Long Island office space experienced a slowdown in the second quarter.

The buyer was comfortable completing the sale during the pandemic due to the essential nature of gas stations and convenience stores such as Wawa.

Short-term rentals of larger units weathered the COVID-19 pandemic better than hotels and smaller short-term rental units, according to a joint analysis by STR and AirDNA.

Twenty-five percent of small landlords have borrowed money to cover operating costs.

Walton expanded its Builder Option Land Development Funds to raise capital to acquire land for residential development by US homebuilders.

Prior to the pandemic, the national rental price growth had been a stable 3%.

Plans include multiple buildings that will total 135,000 square feet of office space, office warehouse space, and manufacturing space