The pandemic largely froze the commercial real estate market. However, a new analytic report shows that real estate deals showed signs of improvement in the third quarter. Although New York’s commercial market is still stalled, apartment buildings are performing relatively well elsewhere in the United States:
John Gittelsohn, U.S. Commercial Real Estate Showing First Signs of a Thaw
https://www.bloomberg.com/news/articles/2020-10-21/u-s-commercial-real-estate-market-showing-first-signs-of-a-thaw (Oct. 21, 2020).
Tags: commercial investors, commercial property, commercial real estate, commercial real estate recovery, market improvement, market recovery, real estate thaw