Nine Must Reads for the CRE Industry on Feb. 5, 2021
Nine Must Reads for the CRE Industry Today (Feb. 5, 2021) President Biden’s relief package proposal includes $25 billion for struggling restaurants, reports the New York Post. Investors are buying distressed hotels with plans to convert them into apartments, according to CNBC. These are among today’s must reads from around the commercial real estate industry. Want to Own an Apartment Building? Buy a Distressed Hotel for Pennies on a Dollar“Communities are desperate for more affordable housing, but the cost for developers is just too high. Land, labor and materials were pricey befo...
Source: wealthmanagement.com