Residential apartment building complex

Long-lived real estate asset impairment: testing and fair value measurement in response to COVID-19

The spread of COVID-19 created major disruptions to economies around the globe, including the U.S., which at the time of this writing has more confirmed cases and deaths due to COVID-19 than any other country in the world. The severe, but necessary, reaction in the U.S. has been to enforce social distancing and shelter-in-place orders, which triggered an abrupt economic meltdown of unknown duration causing surging unemployment, declining stocks and uncertainty across all sectors. Real estate, with its inherent reliance on people congregating, be it in a restaurant, shopping center, apartment complex or office building, has been particularly affected.

In this whitepaper you will learn:

  • How economic disruptions, such as COVID-19, has hit certain real estate sectors harder than others
  • The three-step process for impairment testing for long-lived assets
  • Example tests to walk you through the testing process

Download the whitepaper

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Navigating the impact of COVID-19 on the commercial life sciences industry