Marcus & Millichap (MMI) CEO Hessam Nadji joins Catalysts to give insight into bank loans, the commercial real estate (CRE) market, and what real estate...
) CEO Hessam Nadji joins Catalysts to give insight into bank loans, the commercial real estate market, and what real estate investors need to keep in mind.
I think a lot of investors are trying to figure out whether or not the worst is over in the next couple of quarters is going to remain challenging.Well, broadly speaking, we've had four years of ups and downs that would equate to what would normally occur in a 10 to 12 year cycle from the pandemic itself to the very, very sharp recovery post pandemic and then two years of Fed tightening in ways we haven't seen since 1980.
So each one of these niches has its own cycle, has its own supply demand and therefore investor demand.Capital that's been waiting for the price corrections to start to come back into the market because we've had two years of pressure from interest rates lowering values.It's a very encouraging, uh, piece of news that hasn't materialised just yet.
You almost don't care about the fact that the loan that you would take on it would be at a much higher interest rate today than 2.5 years ago.And over the long term, you know that asset is going to do very, very well, and it will be very much harder to replace down the road.An entire Florida homeowners association board quits after $60K special assessment dispute — what happenedMany people simply leave a large chunk of money in their checking accounts and let it sit there.
The amount Hindenburg Research made from its short-seller report on Adani Group pales in comparison to the market value it erased.The farm-equipment manufacturer will lay off about 600 employees across three US factories as it shifts production to a newly planned facility in Ramos, Mexico.
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