The lending market “is not cautiously pessimistic, it’s not cautiously optimistic. It’s just in a quiet place where it doesn’t know which direction to go,” says one source.
The CEO of the publicly-traded industrial REIT discusses the outlook for industrial facilities, Duke’s balance sheet and dealing with natural disasters.
With commercial vacancies rising and rents falling, there is a question of whether the banks have set aside enough money for CRE losses.
Excess Space’s Michael Wiener says ‘We must talk about science these days instead of just talking about real estate, because it's all tied together now.'
With the pandemic driving demand for larger living spaces, institutional investors are bankrolling SFR subdivisions.