Monday 24 August 2020

Real estate investors raise billions while skipping debt payments

In the real estate investment world, being delinquent on debt doesn’t mean investors have run out of money. They are likely to be cutting losses to shift funds into something more lucrative. Colony Capital, for example, stopped making payments on many of its hotel bonds when the pandemic hit, while raising at least $6 billion to invest in properties such as cell towers and data centers, according to Bloomberg. “We’ve been very careful not to



source https://therealdeal.com/2020/08/24/real-estate-investors-raise-billions-while-skipping-debt-payments/

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