By assuming existing loans, investors can mitigate the risk from rising interest rates and ultimately underwrite a greater leveraged return, market participants say.
In spite of concerns over inflation and potential recession, as well as some lagging pandemic effects, hotel asset managers expect RevPAR levels to exceed 2019 figures.
Companies are sitting on a mountain of empty office space that has yet to hit the market, CNBC reports. Persistent inflation is increasing how much it costs to develop data centers, according to Bisnow. These are among today’s must reads from around the commercial real estate industry.