NAIOP September
Coronavirus Impacts Survey: Deals Continue, but Challenges Persist
Posted: 02 Oct 2020 07:13 AM PDT
Last week, NAIOP conducted its sixth monthly
survey of its U.S. members on the impacts of COVID-19. Since
April, the association has examined the pandemic’s effects on commercial real
estate and how firms have responded. Respondents to the survey report
continued, gradual improvement in deal activity, but also indicate that the
coronavirus is having a more pronounced effect on ongoing development projects
than in prior months. In addition, more building owners are responding to the
outbreak by offering tenants a broader range of rent relief arrangements and by
increasing building safety precautions.
The survey was completed by 203 NAIOP
members between September 15 and 18, 2020. Respondents represent a range of
professions, including developers, building owners, building managers, brokers,
lenders and investors.
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