It’s a general problem in real estate now; commercial and residential.
Everyone who was able to refinance to low mortgage rates locked them in.
That means that just about anyone who wants to roll over a real estate investment has to take a huge hit in the process. Those rollovers are normally a big part of liquidity and they’ve all dried up.
It’s a general problem in real estate now; commercial and residential.
Everyone who was able to refinance to low mortgage rates locked them in. That means that just about anyone who wants to roll over a real estate investment has to take a huge hit in the process. Those rollovers are normally a big part of liquidity and they’ve all dried up.