Commercial Real Estate: 2020 Year in Review

Commercial real estate (CRE) has had a very volatile year. At the start of 2020, commercial real estate was well poised for continued growth and expansion with high optimism among all sectors, but the onset of the global pandemic shook the CRE market, turning many sectors upside down and creating uncertainty and concern for short- and long-term performance for many sectors. As 2020 comes to a close, let’s see how commercial real estate has fared and things to look for as we move into a new year.

The impact of coronavirus on commercial real estate

Initial shutdowns relating to the global pandemic caused major disruptions to the commercial real estate market in Q2 2020. Supply-chain interruptions, government mandates, and social- distancing protocols created a shift in demand across all sectors. As the economy started to reopen in early to mid summer, several sectors saw improvements returning to more normalized activity

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Gov. Parson orders external review of Missouri Veterans Homes

Gov. Parson instructed Missouri Veterans Commission Chairman Timothy Noonan to conduct a rapid, independent, external review of all seven Missouri Veterans Homes

JEFFERSON CITY, Mo. — Missouri Governor Mike Parson has ordered an external review of all seven of the state’s veteran homes and their COVID-19 operations.

The order comes after four veterans have died in Missouri Veterans Homes.

According to a release from the governor’s office, data that was presented on Thursday in a briefing with Gov. Parson raised concerns about how well Missouri Veterans Homes are uniformly and systematically operating to prevent and, if necessary, contain COVID-19 outbreaks among their staff and residents.

“We are deeply saddened by the news of the deaths in four of our Missouri Veterans Homes,” Governor Parson said. “As a veteran myself, I care a great deal about the quality of care our veterans receive at the Veterans Homes in our state and

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Parson calls for review of Missouri Veterans Homes after deaths of residents from COVID-19 | Politics

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Missouri Governor Mike Parson is calling for a review of coronavirus prevention procedures in the state’s seven veterans homes after the deaths of residents in four of the homes and a spike in cases.

“Data presented to me yesterday in a briefing raised concerns regarding how well Missouri Veterans Homes are uniformly and systematically operating to prevent and, if necessary, contain COVID-19 outbreaks among their staff and residents,” Parson said Friday in a Facebook post.

The homes will also receive 2,400 rapid COVID-19 tests, the governor said.

The Mt. Vernon Veterans Home in southwest Missouri confirmed its first case of COVID-19 the day after Parson visited the facility on September 15. Parson tested positive on September 23, but his staff members do not believe he became infected during the visit. The home has now reported 24 infections among veterans and 12 among staff, according

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