Friday 28 August 2020

Report shows how much commercial real estate has fallen

The economic toll on commercial real estate shows no signs of abating as the health crisis lingers. Indexes for office, retail and lodging properties were all lower in July than they were a year ago, according to analytics firm Real Capital Analytics, Bloomberg reported. Deals were also down, with transaction volume across all sectors plunging 69 percent to $14 billion. Hotel prices declined 4.4 percent from the beginning of 2020 through July, while retail fell



source https://therealdeal.com/2020/08/28/report-shows-how-much-commercial-real-estate-has-fallen/

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