A sharp recession is unfolding across the region, but the U.S. real estate market was in good shape in the run-up to COVID-19.
Uncertainty and disruption are set to impact real estate values in the near term, but there is still a significant volume of capital looking to access real estate.
Lessons can be drawn from history, and noting the different circumstances this time, certain observations can help make sense of events as they unfold.
Debt investors can benefit from security over the capital value of their position, with a low probability of capital loss in core, income-generating assets.
Many investors will be looking for the right moment to get back into the market and capitalize on the favorable returns profile for investments made early in the cycle.