Coronavirus hit the real estate industry hard

About 85 percent of real estate companies have closed or their activity has been reduced since the beginning of the isolation period due to the pandemic, but more than half are actively trying to prepare for the recovery. A study released by the Association of Real Estate Agents of Portugal (ASMIP) with its members, found […]

Real estate recession? Not so fast!

Only a couple of weeks ago we were wondering if there will be a recession because of the coronavirus. Didn’t take long to find out. Even though we don’t yet know what we’re in for—as Dr. Fauci says, “you don’t make the timeline, the virus makes the timeline” —we can start to think about the consequences for […]

Missed rent payments cascade across the real estate industry

The swelling ranks of unemployed Americans and images of shuttered shops and empty streets have begun to tell the grim tale of the economic destruction caused by the Covid-19 pandemic. They also presage a brewing real estate crisis. About $81 billion in commercial rent comes due in a typical month in the U.S. The delay of a sizable portion of that […]