Dr. Thomas LaSalvia, head of Commercial Real Estate Economics at Moody’s Analytics, leverages 20 years of academic and industry experience to lead U.S. market analysis and forecasting His expertise spans all property types, with a focus on optimal location theory and neighborhood performance. A frequent presenter and contributor to leading publications, he previously taught Urban and Real Estate Economics at The College of William & Mary as a Lecturer of Economics.
The effects of the COVID-19 pandemic on U.S. commercial real estate have been wide-ranging. The industrial- property sector has grown and multifamily housing experienced early
Brick-and-mortar retail is under siege from e-commerce — an ongoing trend over the past few years that has been accelerated by the COVID-19 pandemic. E-commerce
Although the worst of the COVID-19 health crisis is likely over, the economic fruits of the recovery are unlikely to be shared equally. Pandemic-induced structural
A combination of sturdy space-market fundamentals, a rosy outlook and uncertainty elsewhere in the commercial- property sector has led to increased investor enthusiasm for industrial
The rollout of multiple effective COVID-19 vaccines has put a full return to the office within sight. Many large U.S. companies now have credible timelines
The domestic hotel sector has suffered more so than any other property type during the COVID-19 pandemic. Business travel and tourism have significantly declined due
For many years, the banking sector has flirted with commercial mortgage-backed securities (CMBS) data as a means of forecasting expected losses for commercial mortgage portfolios.
Although the COVID-19 pandemic is well past two quarters in length, U.S. office-market statistics are just starting to be impacted. The national office-vacancy rate climbed
It can be unclear how rent prices and vacancy rates for multifamily real estate react to changes in the overall U.S. economy, specifically in relation
