When most of the country went into lockdown, investment intocommercial real estate mostly dried up.
"Leading up to mid-March 15, when stuff shut down, people werestill closing loans with the belief that this [COVID-19] may passor that they like their basis and they can maybe get a bit morespread," Yieldstreet's Senior Director of Real Estate, Mitch Rosen."Up until March 12, people were still closing loans that had beensigned up six weeks prior."
But after that, the world took a pause.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
