As some parts of the country shutdown again, many observers expect to see the full economic falloutof COVID-19 in the third and fourth quarters.
You can put Yieldstreet's SeniorDirector of Real Estate Mitch Rosen in that group. In Q3 or Q4, hethinks there could be a lot of distress in the market.
Right now, Rosen says about 90percent of the lenders that he is talking to are working throughfundamental issues with their borrowers.
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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.
