Lumberjacked@lemm.eeOPtoFediverse@lemmy.world•Positive and Good News Only InstanceEnglish
3·
6 months agoLooking for instances but I appreciate the recommendations.
Worst case is I just follow a lot of positive communities.
Looking for instances but I appreciate the recommendations.
Worst case is I just follow a lot of positive communities.
I wonder what the economics break down to. A lot of commercial loans are 5 year with a 20 year amortization for payments with the intent at 5 years to refinance.
So if you took out a loan 5 years ago you had high occupancy and low rates. I imagine a lot of investors are just going to hand it over to the bank and call it a loss.
The banks will want to get rid of it quick so they might find new investors who get a great deal on the real estate and have the ability to convert to residential. Still requires a big investment and a lot of risk.
We’ll see.
So metal