Updated over 2 years ago on . Most recent reply
CMBS Default Strategy
With over $90B in commercial real estate loans due to mature (and default) in 2023, does anybody else see an opportunity to buy and convert these units to residential where applicable? Cost to convert might be high, but buying $0.50 on a dollar may be a good way to buy and maybe even hold until conversion for long term strategy?
Is that something I should aim for?