Recent policy changes on rent increases combined with the pandemic essentially halted all economic activity. This is why investors now focus on the property’s cash flow to evaluate a good real estate deal. Investors used to look at upside in rents. However, since the rent law changes eliminated upsides, we are faced with the challenge […]
Nothing happens these days without the consideration of Covid-19. This is especially true for commercial real estate sales and commercial real estate lending. With record numbers of people losing their jobs, businesses being forced into lock down by government order and new executive orders banning certain legal actions; landlords have seen the safety of their […]
We wanted to take a minute to give everyone an update on the current banking situation, which has been affected by the recent Covid-19 pandemic. We have been hearing a lot of feedback regarding how long banks are taking to issue term sheets, follow up on submitted deals and arrange closings. This is due to […]