As the pandemic continues, certain sectors of commercial real
estate have been impacted, particularly the office, hospitality and
retail sectors.
Pressure is being felt especially by Canada's brick and
mortar retail and hospitality industries as some businesses are
struggling to maintain healthy balance sheets, and all indicators
suggest that the commercial real estate market will face more
challenges in 2021. As market pressures mount, dealmaking
opportunities are emerging. In this article, we explore important
considerations that landlords and lenders, owners/occupiers and
purchasers should keep in mind as they engage in distressed and
other opportunistic commercial real estate transactions in the
coming months.