More Receiverships May Be on the Horizon
The growing list of big businesses filing for bankruptcy amid the coronavirus pandemic is likely an early indicator that there will be a surge of distressed real estate workouts, including receivership sales. Some experts are cautiously saying that things will not be back to normal by the autumn and that a structural shift is happening within the commercial real estate sector.
In a recent article with the Daily Transcript, CGS3 partner Fernando Landa weighed in on what the commercial real estate landscape might look like in the post-COVID era.
Read the full article from the Daily Transcript here (subscription required).