Orange County

While there has been a lot of debate about distressed-asset investment opportunities, Pat Jackson of Sabal Capital says that the reality is undeniable.

The CMBS market was hit immediately by the pandemic, and while the market has rebounded, certain loan classes will continue to deteriorate.

Total retail rent collections hit more than 77% nationally in July, a sign that retailers are beginning to adapt to new regulations.

The fund will operate in some of the states that have been the hardest hit by the pandemic.

Foreclosures are "artificially low" due to federal and state moratoriums and will significantly increase when those expire, but it's unlikely default rates will reach the levels of the 2008 recession.

With more shuttered businesses closing in Orange County, permanent layoffs have increased by 3% since May.

Retail assets occupied by essential use businesses are seeing more demand and lower cap rates than they would have pre-pandemic.

Michael Walseth will establish Walseth Net Leased Investments Team as a Kidder Mathews expert group.