Uncertainty is at the forefront of just about all investments right now, whether that's public trading or the multifamily sector of CRE.
Kamran Paydar, First Vice President of CBRE, spoke to those issues from a Greater Los Angeles perspective, which is the region he mainly focuses on when it comes to sales and development. He told GlobeSt that those with maturing loans are having issues getting a "favorable refinance scenario" in the multifamily sector.
"Some of these groups are faced with a loan that's maturing, but the lender is saying it's going to require you to put some money in for us to cast a new loan for you," Paydar, who is one of the speakers at GlobeSt.com's multifamily conference being held in Los Angeles in October, said.
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