The lending market “is not cautiously pessimistic, it’s not cautiously optimistic. It’s just in a quiet place where it doesn’t know which direction to go,” says one source.

“We are home working alongside our kids, in unsuitable spaces, with no choice and no in-office days,” Stanford economist Nicholas Bloom said in March.

With commercial vacancies rising and rents falling, there is a question of whether the banks have set aside enough money for CRE losses.

Multifamily owners and managers have adjusted to long-term life under COVID-19 by adapting how they offer amenities to residents.

Excess Space’s Michael Wiener says ‘We must talk about science these days instead of just talking about real estate, because it's all tied together now.'

With the pandemic driving demand for larger living spaces, institutional investors are bankrolling SFR subdivisions.

About $75 billion, or 20 percent of all global CRE investment in the first half of the year, went toward industrial and logistics properties, according to Savills Plc.

The fitness chain, which is already operating on a forbearance agreement, is seeking a deal with lenders to shore up liquidity.

Many large tech companies have vocally praised remote working. In the meantime, they’ve been expanding their office holdings.

Builders have had no choice but to deliver projects that were in progress when the market turned and try and compete for bookings.