Covid Recovery
The commercial real estate market has seen a sharp increase in delinquencies in the hotel and retail sectors, the latter of which was already significantly weakened due to the rise in e-commerce. How do you see a recovery, if any, playing out for these two vulnerable asset classes and what changes (if any) do you foresee for these sectors in terms of adaptation in the coming real estate cycle? What impact do you believe this will have on the CMBS sector and why?
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