Distress Watch: Why CRE Performance Will Hinge On The Return To The Office
Experienced investors in distressed commercial real estate (CRE) know that significant societal change always leaves some businesses to struggle, as surely as it creates winners of organizations best suited to new mainstream preferences and business models. And by any measure, the world has experienced more than a year-long traumatic event that continues to transform behaviors. Q2 2021 hedge fund letters, conferences and more Many have been surprised at the lack of distress so far among commercial property owners. The pandemic is bringing change on a grand scale that will have lasting implicat...