Rewind: Michael T. Fay Tom Wood and Jacques Bessoudo Discuss COVID-19 Impact On Commercial Real Estate in South Florida Webinar
On April 3, 2020, PROFILEmiami hosted a webinar conversation with over 350 viewers on the impact that COVID-19 has, and will have, on the commercial real estate industry in South Florida. If you missed us live, or just want to revisit some of the insight our panelists had to offer, we have now posted the full webinar for you to sit back and rewind! Hear from some of Florida's leading real estate professionals about how they are reacting to the crisis, navigating the uncertain circumstances and preparing for future opportunities that may arise from the economic fallout.
Speakers:
Michael T. Fay, Principal and Managing Director, Avison Young
Jacques Bessoudo, Managing Partner, Galium Capital
Thomas D. Wood, President, Thomas D. Wood & Company
Moderator: Demetri Demascus, Co-Founder & CEO, PROFILEmiami
Topics:
What effects have we seen on valuations, leasing and sales velocity, construction, availability of capital, and tenants in the South Florida real estate market so far?
As a landlord, how are you managing your tenants right now?
In the face of negativity there is always opportunity. Where do you think we will see opportunity open up?
What is the current state of financing - are deals falling out of contract? Bank vs. non-bank sources of capital - who’s willing to lend?
How are you working with your teams remotely?
How is the current economic crisis due to COVID-19 different from that of 2008?
How will different types of lenders and loan products give different flexibility to the borrowers?
What advise do you have for those that currently have financing on their properties?
What is loan forbearance and how is it handled?