Year-to-date through July, hotel prices fell 4.4 percent, retail prices 2.8 percent office prices 0.9 percent, according to Real Capital Analytics.
The recently launched company would like to make 15 or more acquisitions across the U.S. over the next year.
New York’s rate of positive Covid-19 tests fell to the lowest since the pandemic began last week. Yet tourism is down, crime is up and as many as a third of the city’s small businesses may never reopen.
Led by loans backed by hotel and retail properties, $54.3 billion in CMBS debt has been transferred to workout specialist since March.
Mapping out where investors have spent money on apartment properties so far in 2020.
Investors now spend more than ever for data center properties, relative to the income from the buildings.
Uncertainty looms over the U.S. economy and no property type is immune from the potential financial impact.
The state is investigating whether the Trump Org. inflated the value of assets to secure favorable loan terms.
