Turbulent times produce uncertainty and fear of the unknown. A cloudy crystal ball can not only fuel apprehension but also increase the potential for irrational decision making.
As the COVID-19 pandemic continues to upend the daily lives of people and wreaks havoc on business operations and financial markets around the world, real estate investors, financiers and public and private sector decision makers need seasoned advice and guidance concerning the pandemic’s immediate and lingering effects – what to look out for; what to do; and how to avoid the pitfalls and seize the opportunities that will most certainly emerge.
As the world’s foremost real estate thought leaders, members of The Counselors of Real Estate (CREs) have been tenaciously evaluating circumstances and devising strategies to solve problems and capture opportunities for their clients and communities throughout the world amidst unprecedented turmoil.
As a premier forum for the discussion of innovative ideas, novel strategies, and intriguing commentary, Real Estate Issues, in tandem with its sister publication The Counselor, has prepared this joint edition posing a few salient questions to a panel of experts from various disciplines to brainstorm on the quandaries that we face. The result: readers gain perspective and insight from their collective experience as the world begins to seek a gradual return to normalcy and reopen for business.
Humanity has encountered seemingly insurmountable obstacles in the past, and yet, through ingenuity and resilience, has persevered. Our prediction: the same will be true post-COVID-19.
The Counselor and Real Estate Issues each pledge to continue our pursuit and publication of relevant and astute information, assisting our readers in surviving and thriving during challenging times ahead.
John J. Hentschel, CRE®, MAI, FRICS
Executive Editor and Publisher
Real Estate Issues
Deborah C. Nisson, CRE®
Editor-in-Chief
The Counselor