Reported by John Chang, Director of Market Research - Marcus and Millichap
Market Trends
Distress investors have been racing to the market in anticipation of snapping up deals. For the most part, they are finding, to some chagrin, that there are little properties and loans available at deep discounts.
While the extensions were provided for good reason, there may be unintended consequences if eligible investors all wait to pull the trigger on their exchanges near or at the time of the deadline.
Downtown Chicago Rents Have Suffered While Suburban Markets Were a Mixed Bag
Join Marcus & Millichap for this Special Update Series of Investment Outlooks. These live property-specific webcasts will address the impact the Global Health Crisis has had on performance and investment trends and how the eventual recovery will reshape the landscape.
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