Northeast

The finance firm is urging Congress to provide more funding for the Paycheck Protection Program.

The B-piece buyer is the biggest question mark for banks in the CMBS space, and lenders that own the B-piece will rebound faster.

Single-family rentals may be one of the asset classes to gain demand following the pandemic.

Despite the fact that national QSR chains are reporting an average dip in sales of about 25% in the coronavirus, their NOIs have not changed significantly.

The sources told the WSJ that Mirae's reason for not closing the deal was in part due to the hotels operating outside the ordinary course of business amid the coronavirus pandemic.

Earlier last year, the firm acquired The Reserve at Copper Chase, a 132-unit apartment and townhome community at 3145 Honey Run Drive less than 10 miles from the View at Mackenzi.

"We expect Q2 to be the real barometer of the pandemic's impact on the market," says Halstead's Stephen Kliegerman.

The availability of debt is one of the reasons why Class B apartments should weather the storm.