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"There are fewer active lenders, and we are seeing them being pickier with deals they do, focusing on working with customers they have long standing relationships with."
"We see employment growth going forward, especially since demand has increased for many tech services and products during the pandemic. But it will be at a much slower pace than in 2019."
"The typical company spends close to a tenth of its budget on its office space, so this is an area that will likely come into focus for expense reduction if the recovery is slow."
If some economists' theory of a "K-shaped" COVID-19 economic recovery pans out, commercial real estate markets for affluent segments may fare better than those for lower-income people or companies.
"The social safety nets of European countries can look more expensive, but in a time of crisis, they can also help investors understand how economic losses will be distributed."