Which Property Types Were Most Impacted by COVID?

September 2021

Hotels, Seniors Housing, Retail, and Office were most impacted by COVID.

Summer’s travel surge supported Hotel recovery, though bifurcation became evident depending on segment.
Senior Housing is on a slower path to recovery, but trending in the right direction.
Retail is facing steep bifurcation, but elevated consumer spending is positive.
Office sector outlook is still uncertain and dependent on COVID containment and the future of Work from Home.

Opportunities still exist as some investors opt to consolidate or pursue value-add and adaptive reuse investments.