Good afternoon investors! In today’s commercial real estate news – we’ll look at common problems with commercial real estate, how investors are chasing obsolete warehouses, whether or not technology will replace brokers and appraisers, and more.
As a former banker, I have seen all kinds of issues from clients during the lending process.
Institutional investors are now competing for small, previously obsolete class-B, -C and -D industrial buildings in urban locations.
The real estate industry is covering its eyes and ears, humming loudly and pretending it is not listening…