Waiting for the “Other Shoe to Fall”
Everyone is hearing the news of loads of distressed commercial assets coming onto the market at some point in the future. Until then, properties are changing hands in onesies and twosies, while the big fish wait for what they hope is better deals down the road.
Here is a Globe Street Article from today on just this topic:
‘One-Off Deals’ Dominate Distress
Remember … our advice is to be very selective about your market … and focus on quality distressed Multifamily for the time being.
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