The stock market’s initial reaction to the COVID-19 crisis was swift and dramatic; but over the last few months, the reality of the pandemic’s impact on the economy has been more clearly realized. REITs have experienced disruption to varying degrees and equity market pricing now better reflects the current situation. This reality has been broadcast throughout the most recent earnings season and in conjunction with several conferences, where it informed expectations for future growth. This quarter, we discuss how we can apply these insights to forecast future private market pricing as capital starts to transact post-COVID-19 across property types.
