WSJ: Investors Are Buying Shabby Hotels and Whipping Them Into Shape
Hotel sales are rising as renovation costs, stricter brand requirements and limited new construction push owners to sell aging properties to well-capitalized buyers.
Amid a market downturn, the retail space continues to defy inflationary pressures. Retailers seemingly didn’t get the memo of a softened market and are instead poised to continue opening storefronts and leasing space across the US. How can this possibly be? Mortgage Professional America turned to Greg Friedman, founder and CEO of commercial real estate private equity investor and lender Peachtree Group for answers.