In this timely video, Brian Bailey, Real Estate Subject Matter Expert at the United States Federal Reserve Bank in Atlanta, discusses his views on commercial real estate in these COVID-19 affected times. As we continue our coverage on what’s next for the real estate industry, this show is certainly enlightening. He discusses what is going on in the banking system with regard to workouts and lending, then goes on to compare this economic environment and potential of it to the recession of 2009. He talks about temporarily relaxed guidelines for troubled debt restructurings, seemingly allowing more room for restructuring loans troubled momentarily.
