Commentary

Despite the plethora of bad news there are also several reasons for optimism.

Has the pandemic accelerated uncomfortable paradigm shifts where there is no turning back from changes in how we live and work?

It can be quite easy to make a costly mistake in what seems to be a routine deal.

SmartRent's valuation has climbed by a factor of over 20x since our first investment, and all signs point toward the company's continued growth.

All relief is in the form of deferrals. All funds have to eventually be paid back. Nothing is forgiven.

When real estate is closely linked to a business operation, such as a hotel, it can be difficult to separate business value from real estate value.

In response to the pandemic in early March of this year, Florida, like most states, issued a stay-at-home order. Construction sites, however, were deemed an essential service and were allowed to remain open.

I'm especially proud that our entire team transitioned back to working at the office five months ago.