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The delinquency rate for office jumps by more than 100 basis points.
Meanwhile, office utilization rates are below 40%.
The portfolio covers more than 21,000 units.
The portfolio consists of 18 properties and 112 multifamily units.
Margin of defeat for Proposition 33 is larger than referendums in 2018, 2020.
The portfolio covers 14 states.
It is the largest hotel deal in Miami this year.
When property performance doesn't meet proforma, investors lose. Gathering the correct data during due diligence goes a long way towards keeping investment properties on track.
CRE pros say policies aren't clear and the big question will be Congress.
DFW, Miami, Houston, Tampa/St. Petersburg, and Nashville were in the top five.