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Most inventory added in Q2 since 2017, with strong absorption rates and slight increase in rents. Sales have slowed to a crawl, but Colliers sees "a conglomerate of deals" once pandemic conditions improve.
Even with more intensive cleaning, the less-contact approach to combating the virus may lower hotel costs, the executives said, especially if front desk staff is reduced in favor of cell phone check-in procedures.
USDA's Rural Housing Service Texas State Offices, the Texas State Affordable Housing Corporation and Texas Department of Housing & Community Affairs all helped secure the financing for this deal.
"If the flaring pandemic causes further slowing in states reopening and reinstituting lockdowns, that would present a headwind to the recovery," according to the chief economist for JLL.
GlobeSt. Real Estate Forum has gathered insight from four 2020 Women of Influence professionals regarding technology innovation and adoption in relation to the next generation of industry experts.