Headwinds and Opportunities in the Commercial Real Estate Market

In today’s episode YieldStreet Senior Director of Real Estate, Mitch Rosen is joined by Avatar Financial Group’s President & Co-Founder T.R. Hazelrigg and Jerry Zevenbergen, their CEO & Co-Founder, to discuss the present opportunities and headwinds commonly found in the commercial real estate market.  They examine changes in consumer behavior and the subsequent long and short impact on commercial real estate, portfolio management strategies and working with borrowers in inauspicious market conditions and capital deployment strategies within CRE.Key Takeaways:[:50] Mitch Rosen introduces today’s guests and the topic of opportunities in the current commercial real estate market.[3:23] Details of the less stable markets including online versus in-person retail trends and the hotel industry.[9:30] Expectations from the more stable asset classes including industrial and multi-family real estate.[12:20] Will current pandemic trends impact business and leisure travel in the same way? A look at the future of hotel, restaurant and entertainment industries.[16:06] Portfolio management strategies and advice for working with borrowers in inauspicious market conditions.[20:13] The role of CMBS in strategic portfolio management during times of an economic downturn.[23:08] Looking ahead to capital deployment strategies within CRE and the current demand for capital in today’s unstable market.[28:18] When are senior lenders expected to get involved in the marketplace again? [34:14] The benefits of storage real estate and repurposing big box retail to generate positive valuation for otherwise lost assets.Mentioned in This Episode:YieldStreetAvatar Financial Group