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2020s commercial real estate distress was a worldwide spike in commercial real estate distress that began in the 2020s in the wake of the COVID-19 pandemic and interest rates hikes by central banks in response to the 2021 inflation crisis. Although the increase in distress occurred globally it was most acute in the United States and China.
We believe the Real Estate market may be the next big asset revaluation event as consumers continue to process the COVID-19 virus crisis and the consequences of this event.
The commercial real estate market has over $900 billion in debt set to mature this year, according to Bloomberg. Once that debt hits maturity, it will have to be refinanced at higher rates and ...
The hybrid-work trend and high interest rates have sent commercial real estate values crashing in major cities, with Morgan Stanley warning earlier this year that office prices could face a 30% ...
This is a list of notable people reported as having died either from coronavirus disease 2019 or post COVID-19 , as a result of infection by the virus SARS-CoV-2 during the COVID-19 pandemic and post-COVID-19 pandemic.
The COVID-19 pandemic led to a sharp increase in the use of telemedical services in the United States, specifically for COVID-19 screening and triage. [ 97 ] [ 98 ] As of March 29, 2020 [update] , three companies offered free telemedical screenings for COVID-19 in the United States: K Health (routed through an AI chatbot ), Ro (routed through ...
The commercial real estate collapse has been most evident in the office sector, with vacancy rates at nearly 1.5 times the amount than at the end of 2019, according to a report by real estate firm ...
The COVID-19 pandemic caused far-reaching economic consequences [1] including the COVID-19 recession, the second largest global recession in recent history, [2] decreased business in the services sector during the COVID-19 lockdowns, [3] the 2020 stock market crash (which included the largest single-week stock market decline since the financial ...