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“The latest Federal Reserve Beige Book painted a picture of an economy treading water."
The average loss severity was 81.27%, up significantly from February.
The study raises the question of whether the number of limited-service restaurants might fall as well.
Volatility in the financial markets could make some great CRE opportunities available, but only if investors move.
However, it’s still too early to call anything a trend.
Retailers Walmart, Target, Michaels, and Hobby Lobby could pick up customers.
That leaves the federal government’s annual rent expenditure at $5.23 billion.
Loan modifications jumped year-over-year in March to $39.3 billion.
Post-Covid volumes stopped following long-established trends.
Tariffs and inflation have “dramatically impacted investor sentiment.”