Schwab Network: Bull Case for Lodging & Travel: Rebound Coming for 3Q?
Featured on Schwab Network - Greg Friedman breaks down the trends he sees to explain why optimism is high for lodging.
Commercial real estate recovery is occurring, just very slowly, says Greg Friedman. He says liquidity in the housing market will offer the next leg of growth for this corner of the market. However, commercial real estate faces headwinds against banks. When it comes to "winners and losers" in the space, multifamily units is a sector Greg considers a winner and mid-term hotels as a short-term loser.