As May turned to June, news of the coronavirus pandemic and the pummeling it was delivering to the U.S. economy faded under the sounds of protest in the streets of cities across the country.
The economy is showing possible beginnings of an upswing. Restrictions on businesses are beginning to lift, white-collar workers are getting accustomed to remote working and benefits from the federal stimulus package have kept the vast majority of households treading financial water.
But the recovery is limited, and signs are showing that broader pain to the real estate sector, often a lagging indicator of the economic realities on the ground, could be coming in the next few months.In dozens of interviews last week, owners of retail, office, multifamily and industrial properties across…
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