Real estate investors, bracing for market slowdown, prepare to seize on potential distress - Dallas Business Journal

Sherman said, since the pandemic, he's been looking to buy office properties, a sector where he hasn't seen many active buyers, given the questions over remote and hybrid work's long-term impact.

South Florida is somewhat of an anomaly, as companies continue to relocate there, Sherman said, fueling demand for office space. But in other places, the outlook is cloudier.The level and depth of distress in any property type is impossible to ascertain. But most market observers aren't predicting a repeat of the global financial crisis fallout for commercial real estate in the late 2000s.

, CEO of Bethesda, Maryland-based real estate consulting company RCLCO Institutional Advisor Services LLC, said in the past month or two, it's become a more commonly held view there will be distress. For example, in the multifamily market, which has been on fire during the pandemic, deals that closed at high values and low capitalization rates won't necessarily see distress but are pricing so differently now than they did less than a year ago. It's become more difficult to refinance or get construction financing, Ducker added, which may present opportunities.

But Thomas said he remains bullish on suburban office's future — given demographic shifts to the suburbs and an increasing unwillingness to commute long distances multiple days a week — and is looking for opportunities.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Dallas-Fort Worth ascends to 2nd hottest real estate market in ULI report - Dallas Business JournalDallas-Fort Worth is the second hottest market to watch in the U.S. and Canada for real estate and generally rosy economic conditions in 2023, according to a highly regarded report released today. But the report by the Urban Land Institute also flags some longer-term troublesome trends for DFW, Sun Belt states, and the real estate industry overall.
Fonte: DallasBizNews - 🏆 525. / 51 Consulte Mais informação »

Dallas tax lawyer Joseph Garza charged in alleged billion-dollar scheme - Dallas Business JournalFederal prosecutors announced that they arrested Joseph Garza of the Garza Legal Group for helping “mainly high-net-worth business owners use tax shelters to create a circular flow of funds to illegally reduce paying taxes.”
Fonte: DallasBizNews - 🏆 525. / 51 Consulte Mais informação »

Mark Duebner retiring as Dallas' director of aviation - Dallas Business JournalMark Duebner's retirement will be effective Nov. 8, according to a memo obtained by the Dallas Business Journal. Southwest Airlines executives and City Manager T.C. Broadnax praised Duebner for leading Love Field through a period of extraordinary growth for the airport.
Fonte: DallasBizNews - 🏆 525. / 51 Consulte Mais informação »

Blucora to sell tax software business to Cinven in $720M deal - Dallas Business JournalBlucora Inc. will streamline its operations and cost structure to solely focus on becoming a pure-play tax-focused wealth management company
Fonte: DallasBizNews - 🏆 525. / 51 Consulte Mais informação »

Silicon Valley Business Journal seeks nominations for Power 100 list - Silicon Valley Business JournalEarly next year, the Journal will be unveiling the Power 100, a list of Silicon Valley's 100 most important and influential people. We need your help finding them.
Fonte: svbizjournal - 🏆 334. / 59 Consulte Mais informação »