Investing in CRE and the current state of CRE in the United States
COVID has thrown CRE for a loop. My dad and I have been managing and investing in commercial properties for quite some time. However, the future of buildings, specifically Office, is definitely uncertain. I found this [article](https://meerkatinvestorinsights.com/2021/06/02/the-state-of-cre-investing-in-the-public-markets/) to be rather thorough—discussing the current climate of CRE and what people looking to invest in properties or stocks related to it should know.
[{"id": "h0dfrp5", "text": "I have also read that a lot of property managers burnt out and flat out left the industry last year. Managing the pressures of both tenants and owners was just too much. Have you experienced anything similar? Or are you guys planning on investing in more CRE?", "replies": [{"id": "h0dmiya", "text": "Absolutely. It's just going to be smarter CRE. More dynamic and enabled. Built for flexibility and resiliency.\n\nI'm working on a project where the developer got 75/sqr foot for retail space in a southern city. \n\nThere is demand. It's just not 30 year leases.", "replies": [{"id": "h0do991", "text": "That makes sense! So much is just up in the air right now.", "replies": [{"id": "h0eeebe", "text": "Not sure what you mean? A building is either dynamic or not. Terms are favorable or not.\n\nI have clients who have no issue renting CRE for top dollar right now. They just understand the business isn't what it was 5 years ago and have adjusted.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}, {"id": "h0fljty", "text": "We have been very fortunate, our property manager is incredible and will not quite any time soon. Our buildings lost two tenants to the pandemic, and they were hard to deal with anyway so we just let them out of their leases. We\u2019re always looking for potential buys in cities with large growth like Denver Colorado. But right now, the name of the game is maintaining, more than investing.", "replies": [], "depth": 2}], "depth": 1}]