Amherst's Largest Hotel Is For Sale: Top Bid Comes At Only 18% Of Securitized Value

Source: https://www.zerohedge.com/markets/amhersts-largest-hotel-sale-top-bid-comes-only-18-securitized-value
Published: Oct 9, 2020
Author: Tyler Durden
Post Date: 2020-10-09 21:36:20 by Horse
Views: 47

If the current economic malaise and covid shutdowns continue for the next year, the hit to the CMBS market will be nothing short of biblical once cash reserve buffers are depleted in a few months and the scramble to offload properties begins in earnest.


Poster Comment:

2021 is the End of the Line.

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#1: DWornock    To: Horse (#0)

Sounds like the lenders are going to be hurting.

DWornock posted on 2020-10-10 01:14:46   Reply   Private Reply