Eller Finance Professor Discusses the Commercial Real Estate Market with COMMERCIALCafé
June 3, 2020
Eller College of Management Senior Lecturer in Finance Michael Bond was interviewed in a June 2 COMMERCIALCafé blog post, analyzing past trends and predicting future prospects within the Commercial Real Estate (CRE) market.
The blog post speaks to various aspects of the CRE market, asking Bond questions about what differentiates Arizona’s CRE market from those in other states, how the industry has evolved over time and how COVID-19 has affected the current market.
“The big problem, of course, is the fact that some businesses can’t pay their rents. In that case, building owners can’t pay their operating expenses and mortgages, which in turn causes losses for bank and nonbank lenders,” explains Bond responding to how COVID-19 has impacted the CRE market. “The quicker we’re able to reopen, the better.”
Bond joined the Eller College of Management in 2008. Prior to joining Eller, he taught at Cleveland State University. He earned his PhD in Financial Economics from Case Western Reserve University in 1985. His research interests include corporate finance, investments, international finance, real estate finance, health care finance and insurance and venture capital.