“There continues to be a lot of uncertainty and we anticipate a potentially volatile Q4 2020 and 2021. If and how much will carry through to 2021 will be determined by COVID-19 trends influencing on-going remote work forces, multifamily rent collections, travel restrictions and lodging recoveries. That said, we are hopeful to find a new normalcy in 2021.”
–Gina Sullivan, Senior Vice President of KeyBank Real Estate Capital’s Loan Servicing and Asset Management division.
