Most investors continue to harbor optimism that portfolios will hold up reasonably well during the next 12 months although it's clear that the COVID crisis will impact real estate cash flows for the short term, GlobeSt.com learns in this EXCLUSIVE.
As more people face sudden unemployment during the slowdown, the Opportunity Zones initiative and if utilized, the EB-5 investor program will continue to provide jobs to distressed communities across the country.
Manuel Fishman, shareholder at Buchalter in San Francisco, says the real estate industry is a chain where one part may collapse the whole chain and now is the time everyone should be working as partners.
In this EXCLUSIVE, Ari Rastegar shares the trends relevant to two particular real estate sectors, multifamily and self storage, which he says are desirable in today's market for a couple of reasons.
Critics say the law should redefine distressed areas and prevent investments in casinos, stadiums, luxury hotels, student housing, storage facilities and high-end housing from qualifying for the tax breaks.
Prior to COVID-19, national demand for the type of real estate financing that Broadmark Realty Capital offers was being driven by the migration of Americans out of high-cost states and into low-cost states.
The coronavirus has brokers guessing as to how this will affect leasing in the short term, and Avison Young says leasing activity is likely to have a degree of decline in transaction volumes compared to pre-crisis expectations.