Why US hotel investors should focus on 'grinding it out till 2029'
Featured in CoStar: Peachtree Group CEO Greg Friedman shares his outlook on the hotel investment market and why the industry may be “grinding it out till 2029.”
Bloomberg Radio | Greg Friedman discussed the fragile state of the commercial real estate market, with transaction volumes down 50% due to higher interest rates. Over the next 12 months, $1 trillion in commercial real estate loans will mature, offering opportunities for well-capitalized buyers. The conversation also highlighted the growing importance of private credit,which now makes up 10% of the commercial real estate ecosystem, providing stability. Additionally, there was a mention of the bifurcation in the office sector, with better-quality buildings showing recovery.