The larger universities may get banged up a little, but smaller colleges and universities were struggling before COVID-19; what will happen now? How is cash flow impacted? What is happening to dorms without any students living...
Early in the pandemic, a think tank responded to the financial crisis facing America’s colleges and universities by recommending the use of a single metric to gauge risk at these institutions—liquidity. The Century Foundation’s basic argument was that schools should be ranked as liquid (having at...
After ending the 2019 year with record setting capital raises and double-digit returns, market participants were looking forward to continued growth in REIT earnings in 2020. Although, the effect of the coronavirus varies widely across sectors, the hospitality, retail, and health care REIT...
The COVID-19 pandemic has had an impact on almost every business sector in the United States. However, commercial real estate is the one area that has not only felt the impact, it may feel the after effects once the impact subsides. With certain offices...
Understanding the strengths and weaknesses of a retailer’s real estate portfolio has always been a critical part of the planning process before commencing a restructuring project. However, in today’s highly disrupted retail environment, the need for clarity on this front is greater than ever. The...
Lenders often favor putting a restructuring process on the fast track. However, in situations involving real estate, it is important to balance the need for speed with the potential risk of signaling to buyers that the disposition is, in effect, a fire sale. Asset value depends on marketplace...
