The COVID-19 Era: What Every Commercial Real Estate Owner Needs To Know
camservicesnew2023-02-20T19:53:20-08:00Responding to the urgent threat of COVID-19 and setting the foundation for permanent changes will be crucial as the commercial property industry reinvents itself. COVID-19 has had transformative effects on how society lives, works, and plays. The commercial arena has shifted drastically from traditional settings to cautious travel, work from home policies, and office closures. Businesses and consumers alike are narrowing their wallets to spend only on essentials. Effective cash management entails focusing on resiliency, sustainability and efficient capital expenditure decisions. Real estate leaders must act now to make several decisions on thousands of scenarios, rather than broad, portfolio-wide [...]