December 31, 2020
Several commercial industries—particularly within the retail, hospitality, and office sectors—have been hard-hit by the COVID-19 pandemic. But practitioners are eagerly looking ahead to a brighter 2021 with hopes that the vaccines will allow for a return of workers to office spaces.
REALTOR® Magazine’s top five commercial articles of 2020 reveal an industry seeking new solutions during uncertain times:
As short-term renters plan vacations, technology can help property managers ensure everyone’s comfort.
As office and retail sectors face ongoing pressure, a major reimagining of building spaces is underway.
Changes to city policies, zoning, and leasing agreements are needed to accommodate the altered commercial landscape brought on by the pandemic.
While no claims have been made, the program’s reauthorization has a vital role in ensuring stability in commercial lending.
Short-term vacation rentals are working to integrate new technology and sustainability into operations and offerings.
Source: REALTOR® Magazine
