(Featuring Jayanth Ganesan, Real Estate Research Analyst, Nuveen)
The economic impact of COVID-19 will not be felt equally across the US. Which metros are well-positioned for life after coronavirus (and why)?
With social and leisure events canceled, many stores and offices closed, and malls and airports well below capacity, the coronavirus pandemic may seem like a unique economic challenge that will fundamentally change how metro-level economies function.
However, new analyses from Nuveen Real Estate suggest that cities with high exposure to non-cyclical industries based in science, technology, engineering, and mathematics (STEM), and strong demographic trends, will see a much less severe economic impact from the coronavirus pandemic than cities with high exposure to cyclical, overvalued, or undercapitalized industries, and weak macro drivers.
So after COVID-19, which metros will fare best? Nuveen Real Estate research analyst Jayanth Ganesan has some ideas.
FEATURING
Jayanth Ganesan is a real estate research analyst for Nuveen, specializing in commercial mortgage research, supporting originations and asset management, as well as equity and alternative investment analysis. From 2016 to 2019, he served as a CMBS research analyst for Nuveen, and before that, he supported research for TIAA-CREF, Cedar Wealth Management, and the University of Notre Dame Mendoza College of Business. He holds bachelor’s degrees in economics and computer science from Duke University.
Nuveen Real Estate is one of the largest investment managers in the world with $131 billion of assets under management.
Managing a suite of funds and mandates, across both public and private investments, and spanning both debt and equity across diverse geographies and investment styles, we provide access to every aspect of real estate investing.
With over 80 years of real estate investing experience and more than 600 employees located across over 25 cities throughout the United States, Europe and Asia Pacific, the platform offers unparalleled geographic reach, which is married with deep sector expertise.
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