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CoreLogic measures it as the lowest since before the pandemic.
The portfolio is fully leased to seven tenants.
The renovation is designed to create an experiential office project.
Also, CRE prices are "facing some pain."
As lenders say no to refis, sale-leaseback is becoming "liquidity of choice" to jumpstart debt redo.
Adjustable-rate loans and those made from mid-2020 to mid-2022 are susceptible to default.
This younger cohort could create a demand for apartments that could overwhelm supply.
Projects not yet completed lead to debate about absorption rates and risks.
Prices fluctuate due to weather, school calendars, job searches, holidays and local traditions.
A guide to effectively challenge and reduce bloated tax valuations. .