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
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.