Loaded With Cash, Real Estate Buyers Wait for Sellers to Crack… Commercial Havens Suddenly Not So Safe
(Bloomberg) — The world’s biggest real estate investors are sitting on piles of cash, preparing for once-in-a-lifetime opportunities created by the pandemic. With economies around the world sputtering, commercial real estate prices are expected to come down. How much they’ll fall is the key question. Sellers are currently willing to concede discounts of around 5%, … Read more