Covid-19 Real Estate Strategy

To those of you out there on the principal side, what kind of policies or plans are you putting in place to deal with Covid-19? I'm hoping to crowd source some best practices here.

Some things we have implemented:

  • Cutting business travel, handling OACs via conference call, and doing site walks via drone or video call.

  • Working with property management on plans to run our properties on a skeleton crew while guaranteeing wages to hourly workers.

  • Increasing advertising and incentives for potential to try and get at least some traffic and leases signed, preferably online.

  • Reaching out to lenders and investors to work on contingency plans for potential 2-4 month construction delays.

What has your firm come up with?

Real Estate Modeling Course

  • Real-life RE Modeling Tests from actual Interviews
  • Various asset classes including multi-family, commercial and more
  • Huge discount - until more tests and cases added

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