The money from overseas spent on U.S. apartment buildings is likely to increase in 2021, once several working vaccines against the coronavirus are widely distributed and it is easier to travel.
Matt Pestronk, president and co-founder of Post Brothers, comes on the podcast to discuss why the pandemic has not shaken his faith in the long-term outlook for multifamily assets in U.S. cities.
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.
