Yes, interest rates have skyrocketed when you look at the last 10 years, but the reality is also that folks were able to be quite successful in the ‘90s, with interest rates hovering around 7%. The better questions will all...more
The private real estate industry has been anticipating distress since the start of the pandemic. But as governments passed emergency measures to keep the economy afloat, the prospect of widespread distress receded. ...more
In light of significant deterioration in cash flows and asset values in many classes of real estate caused by the COVID-19 pandemic, many real estate lenders are finding some of their otherwise well-underwritten loans to be...more
5/21/2020
/ Borrowers ,
CMBS ,
Commercial Tenants ,
Coronavirus/COVID-19 ,
Foreclosure ,
Lenders ,
Mezzanine Lenders ,
Mortgages ,
Private Equity ,
Real Estate Investments ,
Real Estate Market
The COVID-19 pandemic has been wreaking havoc on the economy generally, and with respect to many asset classes of real estate, specifically, and the general consensus now is this unfortunate situation will not abate for some...more