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Amid the COVID-19 pandemic, FourPoint Capital Markets was able to work successfully alongside the developer, Focal Point Development, and lender to push this loan closing across the finish line.
As more states reopen, it's critical for property managers to prepare to welcome their tenants in larger volumes, advise ownership on best practices and implement practices to keep everyone safe.
The strong office market continued at the start of 2020 as vacancy moved down slightly, from 20.1 to 19.7%, driven by solid first quarter absorption of almost 1.2 million square feet, according to the latest office report by JLL.