Commercial real estate has undoubtedly taken a hit due to this year’s debacles. With the lockdowns and the increasing popularity of remote work, it might look like commercial real estate has taken a serious blow. However, because of the economic success in pre-pandemic months, some businesses are suffering less than one might think. In addition, some businesses have actually thrived during this time. If you are a CRE investor looking to broaden your portfolio, here are a few areas to check out.
Posts Tagged ‘ coronavirus ’
The coronavirus will likely still be around for an indefinite time, yet businesses must reopen at some point soon. All across the United States, people are starting to reopen their shops, offices, and more. The time to get back into business is near. One must go into it cautiously, of course, which is why a reopening checklist may come in handy. While these guidelines are just suggestions, it may help you spark some ideas as the time draws near.
It has been five weeks since WHO declared the novel coronavirus to be a pandemic. Since then, the United States has done a fabulous job of acting as responsible citizens and keeping as safe and healthy as possible. “Social-distancing” is an enormous part of the equation, and people continue to practice this in better ways. For property managers overseeing the health and safety of apartment buildings, the challenge to keep apart is likely greater than in a suburban area. Below is a list of coronavirus tips specifically concerning social-distancing.
The whole world is fighting valiantly against the much-reported novel coronavirus. Who has not heard about its effects on the world? One of the areas it impacts which people are most concerned about is business. Essential businesses remain open, which, for landlords, is good news. However, at least some tenants in Maryland are indeed suffering financially. Landlords can work together with tenants to fight victoriously.
There are plenty of people about in Maryland who are looking for their next place to call home. Despite the recent pandemic, life still goes on as it should, with progress for the family and other life transitions keeping buyers interested in the search. However, the novel coronavirus is taking its toll on the housing market; a potential buyer should be aware of the various trends surrounding this event.