Apartment Industry Pros Return to the Home Office
Multifamily executives grappled with how to keep residents and on-site staff safe from infection. Now they’re returning to offices themselves.
August 12, 2020 | Bendix Anderson | National Real Estate Investor
Every morning, Jonathan Cohen drives to work through the empty streets of Los Angeles.
“It’s a whole new experience… traffic has been wonderful,” says Cohen, chief operating officer of Universe Holdings, an owner and operator of apartment buildings with dozens of properties in Southern California, headquartered in Los Angeles.
Most offices in the city are still closed to fight the spread of the novel coronavirus. But more than two-thirds of the people who used to work at Universal’s main office in a high-rise tower in the Century City neighborhood have been back at their desks on any given workday since early this summer.
