When the Fed slashed rates to near zero two months ago, there was speculation that it would fuel a wave of commercial real estate refinancing. But then the deep crash in economic activity precipitated by nationwide shutdowns and the overall uncertainty created by the COVID-19 crisis quickly put that talk to an end.
The implications of the coronavirus pandemic are putting a dent in some developers’ hotel construction plans, as more of them begin to question whether some projects are even worth finishing in today’s environment.
Small apartment building owners employ a vareity of investment strategies with their properties, and sometimes this requires refinancing every several years.
The New York Times looks at the future of shopping. Seniors are holding off on moving to seniors housing due to a rise in telemedicine, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
