Right now it is the era of forebearageddon, according to Brian Stoffers, global president of CBRE’s debt and structured finance group.
First of the month apartment rent payments in June fell 6%, compared to pre-COVID collections.
Since breaking ground in October of last year, 44 East Ave. is the only condo building currently under construction in downtown Austin, the only one planned for completion in 2022 and Intracorp’s first Austin development.
Sponsored by Hendy
Sponsored by RealPage
Sponsored by ADP
- Exclusive discounts on ALM and GlobeSt events.
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.
Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.