As COVID-19 Shuts Malls and Hotels, Their Owners Fall Behind on Loans, Setting the Stage for a Changed Landscape

USA Today, Nov. 13, 2020–Michael Braga
“The pandemic has had the most immediate and dramatic impact on hotels and motels, as we’ve taken a vacation from vacations,” said Jamie Woodwell, vice president of commercial real estate research at the Mortgage Bankers Association. “It’s also put a lot of stress on retail, where the conversion to online purchasing that should have happened over five years has accelerated and is now taking place over a matter of months.”