Reply To: M&A COVID-19

#112521

Rochelle Ramos
Participant

I definitely see COVID’s impact to office space, but I do not see an opportunity at this time for the hospitality sector to acquire spaces as they are suffering financially as well. I believe we’ll see, just as we have over the years with online shopping impacting typical brick and mortar spaces of years ago, that the need for commercial space will drop, therefore pushing the prices down for that type of real estate. Some large organizations might be able to expand their portfolio of properties though through acquisitions, those that have the financial backing to wait out the time period to see what the result will be after the pandemic.

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