Stressed, But Not Distressed
The second quarter of 2020 began with an unprecedented pause inactivity. The CMBS markets were nearly frozen. Investors were pencils down. Lenders halted
underwriting and decision making. Tenants paused or delayed tours. And many properties were pulled off the market in a wait-and-see approach. However, as the
quarter progressed, the office market throughout greater Orlando began to thaw, and although new leasing and investment transactions were down, overall activity began to hint of signs of life heading into the second part of the year.