The pandemic that has plagued the US and the world since March 2020 has had an impact on every business and all types of commercial and residential real estate. Although 2020 started off promising, the COVID-19 pandemic caused several commercial real estate sectors, including retail and hospitality, to swerve off course beginning in the spring. As of mid-2021, those sectors are still struggling to recover as the crisis wanes and the economy regains its footing.