For a few months, real estate debt investors have been raising money and looking for opportunities to spend it. Now it seems things are coming to a boiling point as competition grows to put that cash to work. Borrowers are getting desperate as loan extensions start to expire on malls, hotels and offices, according to Bloomberg. “So much money has been raised and most was raised for distressed returns but there hasn’t been much distress,”
source https://therealdeal.com/2020/10/28/property-debt-investors-raising-money-but-still-looking-for-distress/
No comments:
Post a Comment