Join us for a webinar on Wednesday, April 8 at 1 PM ET to discuss the impact of COVID-19 on the US CRE Retail sector.
The ramifications of coronavirus on CRE have evolved quickly, and the already troubled brick-and-mortar retail sector has been second in line after hotels to feel the severe pain. Nationwide social distancing measures have closed stores and decimated brick-and-mortar retail sales. It is very uncertain how long the untenable negative impact will continue, and the possible paths to recovery are unclear and grim. As tenants and landlords hash out lease and rent negotiations, much ultimately hinges on temporary government relief. What does a likely path to recovery look like in the retail sector performance data? After the peak of the COVID-19 outbreak is past, what will a retail recovery look like?