ARE WE MOVING PAST THE COVID PANDEMIC
Is the COVID Pandemic Turning Endemic and the Impact for CRE Investors
COVID cases are down dramatically, and states are easing mask mandates
May be approaching a mindset shift that COVID is “endemic” and fewer restrictions needed
Travel is bouncing back (-8% from pre-pandemic) and Hotel occupancies are rallying
In-person physical occupancy of Office properties is rising too, albeit below pre-COVID levels
As mask mandates ease and consumers feel more comfortable, Retail is poised to benefit
• Particularly experiential retail, bars/restaurants, gyms and other service-oriented segments
Optimism is rising that we may be getting through the pandemic and back to business
As we return to a version of normalcy, hard-hit sectors will begin to re-enter the mainstream