Commercial Real Estate at a Crossroads (Deghi & Natalucci)

Commercial Real Estate at a Crossroads by Andrea Deghi and Fabio Natalucci published by IMF (3/2021).

Empty office buildings. Reduced store hours. Unbelievably low hotel room rates. All are signs of the times. The containment measures put in place last year in response to the pandemic shuttered businesses and offices, and dealt a severe blow to the demand for commercial real estate—especially, in the retail, hotel, and office segments…”