CRE Opportunities in a covid world
Hello folks,

Covid is clearly making some massive changes in CRE. 

I've lost a lot of deals lately with the uncertainty, but what are some opportunities you see nationally or in your market because of covid and the quarantine?
[{"id": "fyx9wps", "text": "Retail / Multi-Family at a significant discount when owners who are over leveraged start to default on loan payments and or DSCR\u2019s become untenable. \n\nLikely institutional investors already have this in their sights and the guys without a war chest of cash will have a considerable headwind. \n\nSource : None lol", "replies": [{"id": "fyxi74p", "text": "&gt; DSCR\n\nI do think lower rents and higher vacancies could definitely result in some discounts coming up", "replies": [], "depth": 2}], "depth": 1}, {"id": "fyxjvdz", "text": "Yup. The institutional guys are chomping at the bit. I think you\u2019re going to see them pick off damn near everything, so I expect there will be little opportunity left for the rest maybe outside of tertiary markets. Hell, they even were drifting there in recent years. It\u2019s going to be a fun time to have 9-figures of capital to deploy in the not-too-distant future.", "replies": [{"id": "fyxu0n3", "text": "The only way to get ahead of them is to know the right team at the local credit unions and such. Get in early and have the cash on hand to pick off a few. Turnaround Management Association may have some connections that could prove worthwhile. The thing is you needed to start a year ago.", "replies": [], "depth": 2}], "depth": 1}, {"id": "fyxmaam", "text": "Apartments in high growth areas. People often can't afford mortgages and live between pay cheques. 2nd option, commercial properties that are leased long term by government agencies. Hope this helps", "replies": [], "depth": 1}]