Amid the coronavirus pandemic, the Washington DC Mastermind Group met virtually for their April meeting. Members and guests shared their unique perspectives on the crisis and how it has affected various aspects of the commercial real estate industry. The group also heard from Mike Billingsley, Director of Business Development with Greenworks Lending. Mike talked about C-PACE Financing, it’s short term and long term benefits, including improving building value, building equipment, dropping operating expenses and preserving capital expenditures.

Some of the highlights of the group discussion
• While hospitality and retail are the hardest hit, expect hospitality values will rebound move repaidly than retail values.
• Lenders are re-appraising all deals that were in progress.
• Will values be different post COVID-19?
• What will the future of workspaces look like?