Coronavirus Fallout: Is Commercial Real Estate Headed for a Crash?
Coronavirus Fallout: Is Commercial Real Estate Headed for a Crash?
Monday, June 22, 2020
SAN DIEGO UNION TRIBUNE
Norm Miller, the Hahn chair of Real Estate Finance at the University of San Diego School of Business, estimates that rent collections are down 12 percent in the office sector from tenants no longer paying their leases, based on survey data from Pension Real Estate Association and other sources.