Pandemic 'feedback loop' highlighted

Category: ABS CLOs CMBS

Previous Story       Next Story

Sector developments and company hires

Pandemic ‘feedback loop’ highlighted
Secular changes affecting the recovery of in-person office occupancy in New York City is consequential not only for property-level cashflow, but may also have ripple effects on other sectors, Fitch suggests. The city is the largest US office market and the rating agency says it provides a good case study of the potential feedback loop of pandemic pressures on office demand, which has ramifications for mass transit, outmigration and the city’s budget.

Already registered?

Not yet registered? Join today to access SCI Content.