Given everything going wi COVID-19, if you were going to invest in CRE today, what types of assets would you invest in and why?
have seen lots of firms raising distressed funds but I feel like I haven't seen much talk about this on here. wanted to see where people think the best opportunities are going to be
Would depend on the budget. But if I was just investing friend and family cash, triple net restaurants or dollar stores or apartments.
If I were to ever personally own real estate it would be apartments. So, apartments.
Best opportunities? Assuming a well capitalized, institutional player?
I'd go with fortress-level/ unique retail assets. The entire retail market has been so throughly devauled. I doubt that accurate price discovery will be available anytime soon for anything retail. What I mean by all of this is I'm fucking positive sometime Q1 2021 we'll be reading on the realdeal that Blackstone bought a portfolio of a ton of super high quality/irreplaceable retail assets at a stupid discount on a basis level.
My $.02 anyway.
Best opportunity would be distressed class C Multifamily, temporal distress and strong secular trends unlike retail
Rerum et quam voluptas ipsa veniam corrupti. Dolorem repellendus accusamus rerum magni vel. Asperiores minus architecto ut sint numquam nisi mollitia quia. Neque deserunt dolorum inventore at numquam id officiis. Dolor aut molestias asperiores enim.
Labore odio harum dicta repudiandae officiis et omnis. Ipsa quis totam consectetur rerum pariatur nemo eveniet. Soluta velit repellat assumenda quibusdam dolores commodi optio eligendi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...