The Impact of COVID-19 on real estate valuation and leasing

Presented by
Mike Kamienski, Principal, CPA, Baker Tilly
Brent Maier, Principal, Baker Tilly
Dennis Power, CFO, Opus Group
John Thomas, CEO, Physicians Realty Trust

The economic disruptions from COVID-19 has had significant impact on the credit quality of tenants, building occupancy and demand from buyers resulting in substantial uncertainty in the valuation of commercial real estate and complexity in the accounting for lease modifications. John Thomas, CEO of Physicians Realty Trust, and Dennis Power, CFO of the Opus Group, share their experiences with tenant collections, lease concessions, market demand and the resulting impacts on real estate valuation across their market niches. Brent Maier provides his view on the impacts he has seen in his role as the leader of Baker Tilly’s real estate transaction advisory services team while Mike Kamienski, also from Baker Tilly, shares his view of how these issues will impact financial reporting from a real estate impairment and lease accounting perspective. Listen to this discussion of critical topics so you understand the valuation and leasing impacts from COVID-19.

This webinar is open for anyone to view, please register to access the webinar.