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New construction of multifamily housing units slowed a bit in May from April’s torrid pace, yet remained on a rising trend. Multifamily housing starts were at an annualized rate of 349,000 units, down 18.5% from April but still well above the 300,000 unit trend that had been in place for the decade or so prior to the Great Recession. 

Duane Desiderio, senior vice president at the Real Estate Roundtable shares a recently released 20-point policy guide which outlines lessons learned from the building owner perspective over the past seven years.

The most visible sign of this lockdown is the collapse of sales transactions, which fell sharply as social distancing rules went into effect.

SITE Centers CEO David Lukes says the pandemic showed how its open-air shopping centers have become a natural connection to neighborhood customers.