A second Tsunami to hit Commercial Real Estate will be a mountain of debt. Empty office buildings or even ones with 30% occupancy do not "appraise out" as high as ones that have 90%
occupancy rates.
Read my latest article. We will be coming out with a Podcast in August on this.
| | Smart Cities, Buildings, and their Investors: Beware of Digital HuckstersSmart cities need to embrace new technologies like artificial intelligence to cope with the loss of workers who ... |
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James Carlini, President & Certified Infrastructure Consultant
CARLINI & ASSOCIATES (since 1986)
Strategic Infrastructure Consultants
Author - LOCATION LOCATION CONNECTIVITY
Chairman Emeritus, Rolls-Royce Owners Club, Lake Michigan Region