The Los Angeles-based firm plans to focus on growing its hospitality portfolio with plans to double its managed properties by 2025.

The firm says companies might also create more domestic supply chains.

The survey found that 30% of the respondents said between 75% and 100% of their leased properties were currently unoccupied.

"U.S. restaurants are being hit particularly hard by widespread stay-at-home guidelines and business closures, which contributed to a near-50% drop year over year in spending at restaurants and bars during April," S&P Market Intelligence stated.