When are Distressed Commercial Real Estate Properties Coming to the Market
June 19, 2020
Originally published by Joe Gose of the New York Times on May 29, 2020.
Hoping to take advantage of wreckage in the wake of the coronavirus pandemic, investors are preparing to snap up commercial real estate at rock-bottom prices. Long before states and cities closed businesses and issued stay-at-home orders, many real estate funds were stockpiling cash and waiting for a buyer’s market. Some have raised billions of dollars in the last several weeks.
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