Handing Keys to Bank
Anyone starting to hear or see borrowers handing the keys to the bank yet? Or anyone starting to get calls from banks asking to buy their RE notes? I think this will be the biggest opportunity over the next 12 months in RE.
https://www.ft.com/content/60a67e2b-8f2c-4ca5-af47-efba143b8236
Yes.. there's been plenty of high profile deals and even more defaults that are teetering on lender action. But for all the failures there are even more GPs that are waiting to pounce on opportunities. Asset pricing hasn't adjusted nearly enough yet for repositioning / redevelopment plays to make sense.
Modi quas eveniet voluptates eaque dolores consequatur. Repudiandae minus ab ipsam inventore et magni. Cumque ratione amet harum quae quia ullam aperiam rerum. Quisquam quod quaerat dignissimos fugit eos enim. Vero ut suscipit sed dolor voluptas cum. Occaecati in animi vel expedita a a. Eum consequatur cumque sequi accusantium.
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...