Investor Insights: How to Thrive in CRE Amid Challenging Market Conditions
Appraisal Buzz
JUNE 3, 2024
This is a reality that many sellers are unwilling to accept unless they are forced to. Many current sellers have begun a renovation but have run out of money prematurely as inflation has caused cost overruns and capital is less available to fund shortfalls. These sponsors may skip steps and cover up shoddy work.
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