CUNY TV's The Stoler Report

In Part 2, bankers discuss real estate investment opportunities in 2020, including industrial/warehouse properties, food-anchored, small strip malls, and the suburban office market. The challenge of this investment is will more or less space be required as workers do or do not choose to work from home.

Guests discuss money, banking and real estate financing, describing March/April as "pretty dark days," and commenting on positive effects of the government's intervention. Even with government help, borrowers are suffering. How long can loans be deferred; how to prepare for the third and fourth quarters - issues discussed. Pt. 1

In Part 2, guests discussed major present and future challenges posed by Covid-19 to the real estate industry. Co-Work/Co-Living facilities are questioned; working from home vs returning to an in-office community; the rental market; the movement to the suburbs; will lower prices make acquisitions more inviting.

Guests discuss the ongoing challenge to hospitality, to retail and to other asset classes during the pandemic. Internet shopping will continue to lead retail; outdoor dining, box lunches will help hospitality. The white-tablecloth restaurant is hurting; rent deferments, loan extensions, underwriting, concessions are examined.

Developers, owners, asset managers discuss New York's unique neighborhoods, attractive to condo buyers as their home, and to others, as an investment. Queens, Astoria, Long Island City, Upper Manhattan represent different markets, different products and different price points.

Reviewing 2019's rent laws, guests noted the positive effects to their industry, including steady income and commitment to a long-term investment. The Bronx - a leader in affordable housing, is seen as a good investment - with some problems: retail, still a Mom & Pop operation.

In Part 2 of their discussion of senior housing facilities, Michael Stoler and guests consider the adaptation of former hotels and malls, particularly in large urban areas. Top chefs, varied activities and programs, location - important when selecting senior housing, along with new technology, cleaning techniques, space division, staff dress - due to COVID-19.

In 2018, 16% of the US population was reported to be over 65 - leading guests to talk about the growth and development of senior housing facilities throughout the country, centering on different levels of care and services from Independent Living, Assisted Living, to Memory Care/Specialized Care. Part 1.

Good news in difficult times from a less-glamorous real estate asset class, the Industrial Market! Converting and re-converting properties from retail to industrial has enthusiastic lender and tenant support. These facilities are also attractive to life sciences, bio-tech and studio production companies.

Part 2, focusing on the pandemic and real estate, guests discuss the future of working from home - some love it, some don't, the hotel industry - when hit hard, historically, comes roaring back, and the benefits of Co-Working, Airbnb - more stringent cleaning policy, Florida, and multi-family/affordable housing.