This is the same pattern again with the larger condos selling better.

Now if you begin to feel like your PM develops a pattern....

I've been in a similar holding pattern. 

Congrats for not falling into the trap.The pattern is almost always the same: these people went to the bank, which told them what the most expensive house they could afford to pay off was, the buyers then established a price ceiling just short of the highest number the bank quoted them, and then they met a realtor who pushed them past their price ceiling and up against the highest 30-year mortgage the bank was willing to offer them.The people buy that expensive house, move in, and then spend the next fifteen years justifying to everyone they know why the house is a good investment (usually based on inflated appreciation numbers).

And as the fund manager, if I saw a pattern of large amounts of capital being redeemed (which I can see with our robust fund management accounting reports that I receive daily), I can also simply stop raising capital and even start another offering in the same fund with a different rate and terms, if necessary.We also know from experience that we have the ability to raise significant amounts of capital within any 90 day period, which would also mitigate this potential risk.The point is, we have a lot of flexibility to regulate the capital to avoid this scenario.

That will roll nicely for a while, then they will fall into the same pattern.

I'm wondering if the insurers now have this new pattern of hurricanes built in?

May be looking at out of pocket or SBA disaster loan with that fact pattern. 

I think how we look at the world, societal interactions, and living will be dramatically altered.Work from home expanding so rapidly will begin to reshape daily traffic patterns in cities, which will alter the make up of neighborhoods and local businesses.CRE is in for a lot of shakeups, especially office space.

I read too much on BP about analysis paralysis, so last August I decided I didn't want to get into that pattern.