COVID-19 Outbreak: Impact on CRE
Daily Insights to Support the Commercial Real Estate IndustryDISCOVER
The coronavirus (COVID-19) situation has created dislocation across industries and geographies and triggered urgent challenges for many businesses to address. We want to reassure you that Moody’s Analytics REIS is here to help with data, research, and webinars from our community of experts.
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Downturns, Construction Delays, and the COVID-19 Pandemic
Economic downturns cause delays and cancellations for new construction in multifamily and commercial real estate, as uncertainty about the timing and magnitude of future cash flows
prompts market players to reassess priorities. The COVID-19 crisis adds several layers of complexity as shelter-in-place policies are disrupting supply chains and (in some places) halting construction activity altogether.
This paper focuses on how the COVID-19 pandemic will affect construction delays across property types, and relevantDownload Analysis
geographic markets for those types. We combine Moody’s Analytics REIS’s proprietary building-level data on new construction lifecycles with real-time monitoring of which places have classified construction as either essential or non-essential. We make informed assessments of where delays will arise, in what magnitude, and how performance metrics like rent growth and vacancy trajectories will be affected.
Major Disruptions Ahead for the Office Sector
The office sector has been subject to the forces of demographic, economic, and technological change for the last thirty years. The COVID-19 crisis, however, is likely to prompt a reversal in demographic change, and accelerate the disruptions caused by economic and technological shifts.
Downturns, Delays, and the COVID-19 Pandemic
Please join us on Thursday, May 28th at 1 PM ET to discuss Construction Delays in the Age of Coronavirus.
In this webinar, Head of Commercial Real Estate Economics, Victor Calanog PhD, will describe how we track disruptions to construction, and how we update our supply growth forecasts dynamically – affecting our outlook for performance metrics like rents and vacancies.
Thursday, May 28th at 1:00PM ET | 09:00AM PTDetails & Registration