Before the pandemic took over, the Commercial Real Estate (CRE) industry was booming, with experts predicting greater capital availability and healthy liquidity scenarios for the players in the space. However, the coronavirus pandemic, with its unimaginable magnitude of economic disruption, has impacted the CRE industry in an unquantifiable way that can only lead to lesser demand for new office spaces in the ‘new normal’ era of economic functioning.
Read MoreOn October 15th, [Sears] filed for bankruptcy--what happened? For one, the store stopped doing what it did best: innovating.
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