It's been one booger of a year 2020 handed us. On June 8, it was officially announced a recession to end all recessions started February 2020.  Untold numbers of businesses folded to the lockdown, and adding salt to the wound, the turmoil of a "summer of love" -- it's been one haymaker after another.

So what'll it be for real estate?  Exactly this:  if you buy the "out-of-chaos-comes-opportunity" bit, we could be in for the biggest gold rush era since the 1886 Witwatersrand Gold Rush in South Africa, which claimed the top spot in history.

Looking at what happened with Manhattan apartment leases (dropped 62% in May, worst in a decade), one major pivot in real estate will be away from big cities, thus a gold rush for small towns.  Employees no longer have to drop top dollar on pricey digs in the CBD now that they can remote in.  With no foreseeable sports, entertainment, etc. let alone no police, a slice of the Big Apple's not so yum anymore.  Gotham, keep your germs (and your buffoon city government) to yourself, thank you.

Other pivots will be away from office, hospitality, retail, restaurants, bars and the like -- sure, there are bargains on the horizon, but how long a hold before you see money?

Maybe somewhere between too long. . . and forever.

In their place will be a stampede to RV parks, tiny-home lots, single family rentals, multifamily units, townhomes, industrial and medical.  Texas A&M just landed a $1.6 billion windfall to mass produce a C-19 vaccine at the FujiFilm Diosyn facility early 2021.  Ancillary businesses to partner with them will pop up like mushrooms after a spring rain.  Our scouts are laboriously combing the landscape for opps.

1986, Y2K and 2007 crashes, HCC has emerged from them all, and if there's one thing we learned, it's this: there...  is... the other side of this, and the actions taken at the height of uncertainty will determine what the other side looks like for each of us.

Right now, HCC has four partnerships with properties weaving their way through the title company and two more soon to follow.  Tons of cash are sitting it out on the stock market right now; real estate may very well be one of this gold rush's biggest beneficiaries.