Escalating job losses coupled with elevated mortgage rates paint a rather cautious picture for both residential and commercial real estate. Paying SOFR+6.25% while purchasing 3.5 CAP property will lead to serious disappointment to both active and passive RE investors.
Escalating job losses coupled with elevated mortgage rates paint a rather cautious picture for both residential and commercial real estate. Paying SOFR+6.25% while purchasing 3.5 CAP property will lead to serious disappointment to both active and passive RE investors.
Thank you for the concise summary, Eric
100%. That is what I have been discussing. Growing concerned
Thank you for mentioning the king tide. It measured 3.2 ft when Ian swamped us here in Naples. That tide exacerbated the flooding monumentally!!
Thanks. CrAzy.