A report by Moody's Analytics Real Estate Information Services predicts prolonged constructin delays in the apartment, retail and office sectors based on a comparison to the Great Recession of 2008.
The three off-market transactions, completed within one week, add 1.78 million square feet to the company’s portfolio.
The economic shock triggered by the COVID-19 pandemic has lowered the chance of meaningful GSE reform over the next couple of years, according to Fitch Ratings.
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