Cheddar: Greg Friedman on Hospitality & Commercial Real Estate
Greg Friedman joined Cheddar News to discuss the impact of the FIFA Club World Cup on the hospitality industry and the broader commercial real estate market.
How the Iran Conflict and the World Cup are Impacting Real Estate
Greg Friedman covers how the Iran conflict is pressuring commercial real estate values. He also highlights the risks of loans maturing, as many are coming due between now and 2027, but were created when rates were much lower. “There’s really going to be a need for new liquidity,” he says, anticipating forced selling and refinancing. Greg also covers demand around the World Cup, which he expects to be a big driver for hotels.
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