The Impact of COVID-19 on Commercial Real Estate

Panel Held on March 25, 2020 at 8:00 AM PST / 11:00 AM EST

Earlier this morning Lee & Associates held a discussion with a panel of experts, moderated by our CEO, Jeff Rinkov, to discuss the impact of COVID-19 on the commercial real estate market. To learn more about the panel topics or to connect with the panelists, please see below.

PANEL DISCUSSION OUTLINE

  • Introductions and Opening Remarks (00:00  - 02:04)
  • Industrial Market (02:05 - 11:01)
  • Capital Markets & Investment (11:02 - 19:07)
  • Multifamily Market (19:08 - 26:19)
  • Office Market (26:20 - 32:21)
  • Retail Market (32:22 - 40:55)
  • Integrated Services: Property Management, Construction Management, Lease Administration, and Distressed Debt (40:56 - 49:40)
  • International Market Overview (49:41 - 01:02:55)
  • Legal Overview of Force Majeure, 1031s, and Insurance (1:02:56 - 1:12:18)
  • Closing Remarks (1:12:19 - 1:14:43)

 

KEY TOPICS AND DISCUSSION POINTS

  • Market Impact Overviews: Industrial, Capital Markets and Investment, Multifamily, Office, Retail, and Integrated Services
  • E-Commerce: Industrial Requirements Will Continue to Climb and the Effects on Brick-And-Mortar Retail
  •  How Investors Will Evaluate Tenants Post Tele-Health and Work-From-Home Surge
  •  Multifamily and Retail Government Stimulus Packages
  •  Force Majeure: What It Does and Doesn’t Do and Things Tenants Should Do if They Want to Use These Provisions
  •  The Impact on 1031 Exchange Buyers
  •  What Insurance Policies Can Tenants and Landlords Use in Situations Like This

PANELISTS 

  • INDUSTRIAL: Craig Hagglund,Lee & Associates Oakland; Co-Leader of the Industrial Specialty Practice Group 
  • CAPITAL MARKETS: Rebecca Wells, Lee & Associates Indianapolis; Leader of the National Investment Services Group 
  • MULTIFAMILY: Warren Berzack, Lee & Associates LA North; Leader of the Multifamily Specialty Practice Group
  • OFFICE: Ken Salzman, Lee & Associates NYC; Co-Leader of the Corporate Solutions Group 
  • RETAIL: Peter Braus, Lee & Associates NYC; Co-Leader of the Retail Specialty Practice Group
  • INTEGRATED SERVICES: John Rickert, Lee & Associates Cincinnati; Leader of the Integrated Services Group
  • INTERNATIONAL BROKERAGE: Simon Prichard, Senior Partner at Gerald Eve; Gerald Eve is Lee & Associates International Alliance Partner
  • LEGAL: Ron Camhi, Managing Partner at Michelman & Robinson, LLP; The firm has offices in LA, Chicago, and NYC