Commercial Real Estate is Coming Under Immense Pressure Due to COVID

real-estate-thumb
Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on whatsapp
Share on print

The commercial real estate market is starting to implode due to COVID. The experts are warning that a record amount of store closures are coming. We also examine data showing the problems are not limited to retail stores, but across all areas of commercial real estate.

  • Experts predict 25,000 stores will close;
  • We walk through a list of the top brand closures;
  • Specifically, Simon Property is suing GAP for $69 million in back rent;
  • We discuss why back to school sales are expected to be very limited this year;
  • We then discuss how companies are dealing with sales downturn by drawing billions on their credit lines;
  • We show data on how credit lines are very low margin for the banks that provide them;
  • Data on delinquencies from Trepp shows that all areas of commercial real estate are being affected;
  • Each commercial area is experiencing a sudden hockey stick formation in delinquencies for May 2020.

It will be interesting to see how real estate reacts in a second COVID wave that many believe has already started.

Join 16K Subscribers In Elevating Your Financial Confidence By Strategically Growing Your Income & Wealth

What’s the #1 most important thing for you to focus on now?
Educate your self on the basics and apply proven techniques to increase your investment success.

Subscribe now, and get a 1on1 call with Robert to discuss your goals and strategies. Plus, get exclusive access to Robert’s Golden Quarterly covering the economy, mining stocks, and precious metals market research that will keep you right where you need to be. 

Only $60 per month, with semiannual or annual options

32

CONFIRMED
FORECASTS

8

FORECASTS IN PROGRESS
AND PENDING

15.2K+

YOUTUBE
SUBSCRIBERS

740K+

VIEWS