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Mismatched Pricing Expectations Drove Failed CRE Deals in March
By Erika MorphyFailed CRE deals rose sixfold in March, according to Real Capital Analytics. Separately, an Institutional Property Advisors survey found that 64% of multifamily developers would only accept a discounted pre-sale price of less than 5% from their estimated valuation.
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April 20, 2020
