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The CRE portfolio of cities need readjusting in specific places.
There is more control over what owners and operators can do to offset costs.
It's a strategy to expand the available pools of money when there's opportunity at the door.
There's going to be downward pressure on rents and upward on vacancies for some time.
Think of it as the next step beyond solar chargers.
"I think it gets worse before it gets better."
A $30 million C-round opens a discussion of what Cherre is doing, and the things clients want.
"This should be a point of welcome relief to celebrate — and it is, in part."
A surprise is a growth in full payoffs, but also in extend-and-pretend.
They could probably buy a house for cash — if only they could find something they liked.