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Real Estate in a Post-COVID-19 World
The U.S. real estate market has been heavily impacted by the challenges brought by COVID-19. Commercial real estate, for example, has seen shopping malls remain mostly empty under “lockdown” orders with many key tenants like Neiman Marcus, J.C. Penney and even Macy’s in or teetering on the brink of financial distress. Vacancy rates in residential multi-family buildings are rising. Even luxury cooperatives and condominiums are suffering. In this CKGSB Americas Knowledge Webinar, Robert Freedman, Co-Chairman of Colliers in the Tri-State area and Chris Xu, Founder and President of United Construction & Development Group discuss the challenges and opportunities for commercial and residential real estate.
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