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Given the severity of the COVID-19 crisis, Ashford anticipates doing a review of its long-term strategy after the crisis has passed, which may include material changes to its future leverage, capital structure, liquidity and investment focus.
While the COVID-19 pandemic presents some obvious near-term challenges, the long-term prospects of the Fountains at Point West remain stellar, particularly the upside related to unit interior upgrades.
A report by Moody's Analytics Real Estate Information Services predicts prolonged constructin delays in the apartment, retail and office sectors based on a comparison to the Great Recession of 2008.
This is an interesting time for expansion. But Lee & Associates continues to spread its wings – planting more flags in Boston, Massachusetts; Washington, D.C. and Naples, Florida. Lee CEO Jeff Rinkov provides the play-by-play.
The coronavirus has forced Colliers International to make "adjustments" that counterbalance present and the future negative trends that the coronavirus…