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2020 was a challenging year, to say the least. The real estate industry continues to feel the effects of the global COVID-19 pandemic and subsequent economic consequences going into 2021 as industry leaders are still assessing what has been lost, as well as what new opportunities lie ahead as the world slowly emerges from a socially-distanced reality. Although this year’s 14th Annual Real Estate Capital Markets (RECM) Conference, hosted by Goodwin and Columbia Business School, was held virtually, guests were still given the same dynamic experience with a global representation of speakers who led sessions about the state of the real estate capital markets, global capital flows, impact and responsible investing, as well as a market-focused session on the hospitality sector.