Wednesday, March 18, 2020

Commercial Real Estate Finding It’s Not Immune to the Coronavirus via CPExecutive

Commercial property executives are trying to maintain calm and complete transactions as efforts to stop the spread of the coronavirus intensify, but a business-as-usual approach is growing increasingly difficult as commerce is being shut down across the country.

Over the last 7 to 10 days, industry has moved between trying to take advantage of a historic drop in interest rates, to cautiously trying to maintain deal flow, to trying to close existing deals, trying to re-trade those deals and then waiting on the sidelines until there is more clarity.

Read more...Commercial Real Estate Finding It’s Not Immune to the Coronavirus via CPExecutive

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