While the net lease drugstore sector has been relatively internet-resilient and deemed an essential service during the COVID-19 pandemic, Amazon’s recent launch of Amazon Pharmacycould pose a significant threat to bricks-and-mortar drugstores. For now, however, net lease investors are waiting to see how successful Amazon’s venture proves to be before reflecting it in their underwriting.
NIC Chief Economist Beth Burnham Mace comes on the podcast to discuss how seniors housing has been affected by COVID-19 and the outlook for investment as mass distribution of vaccines nears. Brought to you by Ryan.
California may extend its eviction moratorium until January 2022, reports Commercial Observer. The Real Deal profiles the struggles of a small retail landlord under current market conditions. These are among today’s must reads from around the commercial real estate industry.