Based on talks w/ friends & contacts in multifam: - tenants struggling to pay - lenders mostly being flexible/reasonable - debt still available for deals My view: There will be pockets of distress, but no wipeout in multifamily, so long as govt stimulates broader economy.
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Yeah, industrial is probably in great shape. Credit office and (most) credit retail probably ok too.
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I don't know what credit office and credit retail is? Is that like class A? Office and retail look very bad to me...very very bad.
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Industrial also should do pretty good, perhaps better than multifamily actually.
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