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The CBRE noted a significant increase in signed confidentiality agreements for industrial and multifamily properties in Q2. But real estate still has at least a three-year journey to pre-coronavirus risk levels, the company warned.
Low interest rate-driven refinancings, plus migration of workers to lower density area, means a banner year for mortgages—if certain assumptions about the government and COVID-19 are met.
Kennedy Wilson Fund VI recently acquired five single-story R&D buildings and a two-story office building totaling 257,000 square feet in South San Jose for $53.5 million.
Architecturally, nothing will prevent getting COVID, but using change management strategies to make people more comfortable returning to work are helpful, says Christopher Goggin, Gensler principal.