Globest Sectors

First National Realty has completed a number of other notable transactions so far in 2020, including the $19.2-million purchase of The Court at Hamilton, a 194,106-square-foot Walmart-anchored shopping center in Hamilton Township. NJ in late February.

NMHC Chief Economist Mark Obrinsky says there has been too much uncertainty around asset pricing for deals to occur.

Some developers are stopping or even pulling future hotel builds, while projects already under construction are quickly pivoting to adapt to the new market.

These are the fields at moderate to high risk of pandemic-related layoffs, according to Moody's Analytics.

Owner and developer CityView had narrow rent loss in April across its 6,000-unit apartment portfolio.

The Resident Relief Initiative will include a $10 million fundraising effort to help keep residents in their homes.

Prologis' net earnings per diluted share were $0.70 for the quarter compared with $0.55 for the first quarter of 2019, and core funds from operations per diluted share were $0.83 for the quarter compared with $0.73 for the same period in 2019.

Senior housing has been hit hardest by the pandemic. Most transactions are on hold, and new starts are expected to plummet to near zero.