07/14/20:Just how bad is the commercial real estate downturn?

Many in Chicago’s commercial real estate business say the current recession is the worst they’ve ever experienced. Crain’s senior reporter Alby Gallun breaks it down by property sector and explains why, despite the carnage, there's one surprising bright spot. Plus: Business leaders are surprisingly upbeat about the COVID recovery, Illinois universities land $15.5 million for new research institute, Chicago venture funding slowed in the second quarter and Southwest Airlines says flyer numbers need to triple or layoffs are coming. Find #CrainsDailyGist on Twitter and let's continue the conversation.