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One Year On, This Is What Covid Has Done To U.S. Real Estate
March 10, 2021
On March 11, 2020, the World Health Organization officially declared the coronavirus a pandemic, and if there had been any doubt before, the U.S. realized it had an unprecedented problem to deal with.
A year of work-from-home orders, lockdowns and social distancing has hit the commercial real estate sector hard — but what does the data say about the impact of the first 365 days of the pandemic? From investment volumes to debt delinquency, store closures to city performance, Bisnow ran the numbers to find out the damage Covid-19 has done.
