Tighter credit, lower asset valuations and changes in consumer demand will force property owners to reimagine how real estate assets are currently used and to deploy new tools to ensure real estate assets are being used for the highest and best use in a rapidly changing environment.
If real estate assets are showing signs of vulnerability like protracted vacancies, maturing debt with challenging refinancing terms on the horizon, or depressed valuations, early action may help provide breathing room in a more challenging real estate operating environment. Here is a snapshot of some things real estate owners should be thinking about to help navigate difficult times.Continue Reading Challenging Market Conditions Require Commercial Real Estate Owners to Find Creative Solutions