For struggling real estate owners trying to survive the coronavirus-induced recession, the saviors extending a lifeline are lenders — but whether they are white knights or acting out of pure self-interest depends on whom you ask.
Bridge lenders and preferred equity investors are in line to become the go-to rescuers for property owners, especially hoteliers and retailers that have taken the hardest hit.
Isaac Marcushamer. Courtesy photo
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Lidia Dinkova
Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
