Top ranked real estate fund manager, Jeffrey Kolitch discusses the compelling opportunities he is finding in the much maligned commercial real estate industry. WEALTHTRACK episode 2043 broadcast on April 19, 2024
The majority of REIT loans are coming up for renewals and the current high interest rates will negatively impact profits and dividends for a long time. Not sure being long or in REITs is the best idea right now.
This single-product manager is telling you, the reason that Manhattan office buildings only have a 70% occupancy rate, is because they are B- Grade and C-Grade buildings. Really?? What they don't make sense, we have to stop nodding.