Commercial Real Estate In Seizures. Dems shout back “He Needs Some Milk”

Commercial real estate is going to be hurt bad in 2021 per expert predictions.

Downtown Los Angeles pictured below is the iconic US Bank building modeled after a Lighthouse tower; once thought to be a beacon for guiding the west, this slab of stone and metal sits like a tombstone looming over boarded up business windows and empty boulevard streets that reak of rot and recession.

Good news….

Famine for any broker still moving officespace, retail or hotels.

But like Warren Buffet says, when people are fearful get greedy.

For the winners out there who plan to ride it out (or Alamo that shit), the experts say to take advantage of short term swings in what we can only expect to be a very volatile short term market but plan for overall long term growth.

But good news if you’re a self employed CRE Broker. You can quality for free PPP loan money in certain cases. Talk to your bank’s SBA advisor for more information if you have not already but for sure see if you qualify for existing or upcoming government emergency money and freebies.

Reach out if you have any questions about this article or want to talk more about your business.

Info@mrarrachecpa.com