On the one-year anniversary of the COVID-19 shutdown, several local real estate experts expressed highly positive sentiments for the current state of the local real estate sector with a robust volume of available capital looking to invest and lend in the greater DC region. The group believes the local market is about to enter “the roaring 20s” of the 21st century supported, in large part, by the strength of the multifamily and industrial sector as well as suburban retail. The group remains wary of several lurking trouble spots such as rising office vacancies in the urban core and the resulting drag on downtown retail that relies heavily on daytime working populations.
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