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Overbuilding is one concern in the not-so-distant future.
Capital has sat on the sidelines through the uncertainty of 2020, but this year, investors will re-enter the market.
An increased amount of capital, combined with low interest rates and increased debt financing is expected to reinvigorate investment this year.
Prices need to fall to levels that support investing in new uses.
The Democratic majority will allow Joe Biden to get elements of his program.
The decision signals the need for Florida's lawmakers to consider legislative amendments to the state's condominium laws specifically addressing the authority over common elements at condo-hotel properties.
The majority of registered voters from both parties want to see these initiatives put in place.
Three quarters into the COVID crisis, distressed sales again account for 1% of transactions.
Retail, automotive and travel are among the most distressed sectors of the US economy.
In 2020, Los Angeles office leasing totaled only 10 million square feet, driving the vacancy rate to 22.5%.