With vaccinations beginning, existing owners of struggling hotel properties are making a renewed effort to wait out the pandemic rather than sell for deep discounts.
Treasury Secretary Steven Mnuchin plans to leave the Fannie Mae, Freddie Mac privatization decision up to the Biden administration, reports the Wall Street Journal. Looming evictions disproportionately threaten families of color, according to Politico. These are among today’s must reads from around the commercial real estate industry.
