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There were 34% of 110 surveyed investors who said they would avoid investing in retail-focused real estate projects because of the COVID-19 pandemic, said a recent survey by Prequin, a data analytics company for the alternative assets community.
Thirty percent of the 125 issuers S&P Global Intelligence rates in the retail and restaurant sectors are now rated 'CCC+' or lower, implying at least a 1-in-2 chance they will eventually default.
The initiative is headed by Ron Bloom, who helped to restructure the automobile industry on behalf of the US government during the 2008 financial crisis.
El Warner of Colliers International has continued to close new deals during the pandemic by splitting the operating income risk between the buyer and seller.
Westport Cupertino provides an opportunity for the city to address the challenges created by the recent housing crisis while also meeting the needs of a segment of the population with unique housing requirements.
Harbert Management Corporation (HMC) has announced its final close on the Harbert Seniors Housing Fund II with total equity commitments coming to approximately $510 million.