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As insurance rates rapidly balloon by more than 100% in some markets, multifamily owners need new solutions.
There will be 3,600 distressed deals during the next two years from which to choose.
For transactions over $10 million, the number of trades decreased by 37% while total dollar volume declined 41%.
And how to handle them.
Cap rates will likely continue to expand for the short term, peak later this year and normalize in 2024.
These were industry challenges, staffing and prioritizing employee well-being in the workplace.
For one, the Census methodology is notoriously thin and volatile, he writes.
Another option for a reluctant purchaser is an assignment fee.
CRE has survived many crises in the past and it will overcome this one too.
One speaker described a futuristic multilevel, sustainable warehouse that can serve urban communities.