Research

Nearly 40 real estate economists and analysts feel the COVID-19 recession will impact real estate markets and values less severely than the 2008 financial…

In the latest Hotel Horizons forecast report, CBRE said it expects US hotels to benefit in from an expected rapid economic turnaround in 2021 and 2022.

A new report from the REIS team at Moody's Analytics says that the COVID-19 pandemic's impact on the industrial real estate market has yet to surface in the data since leases are locked in and the economic slowdown's impact on trade has thus far been ambiguous.

The falling figures for February and March marked a downward trend for the hotel sector already in progress before the COVID-19 pandemic.

While the declines in asking effective rents are modest, most leases are being signed at levels below what those quoted rents would suggest. Performance hasn't gone off the edge of the cliff, but it is notably weakened for now.

A rise in COVID-19 cases would also disrupt travel again, hurting travel services, theme parks, cruises and associated lodging.

MBA's Jamie Woodwell says that investors and lenders are now focusing more on their existing portfolios than new opportunities.

"There has never been a more important time than now to prudently and actively manage your property's expenses," a Trepp research report said