NOT FOR REPRINT
Page Printed from: globest.com/author/profile/-erika-morphy?page=11
Sign In To follow
Record losses last year is prompting stricter terms for renewals and new policies.
One challenge is when the property being purchased is in a cash sweep.
A slowdown in new construction bodes well for apartment investors.
New deliveries, though, continue to accelerate.
Lower rates could spur household formation that will impact the retail and industrial sectors.
This represents the biggest credit crunch for homebuilders in more than a decade.
The REIT has closed more than $854 million in sales, as of Aug. 31.
Older office stock has lost the equivalent of Manhattan in absorption since COVID-19.
People are flocking to the Palmetto State, but the Myrtle Beach region remains a top destination.
Strong demand during the first quarter carried forward into peak leasing season.