There’s never been more private equity cash chasing real estate assets. And yet more funds than ever continue to come to the market. That could make 2020 the frothiest year yet for private equity investors in the CRE space.
BANKRUPTCY AUCTION – 38.56 Acres on the Las Vegas Strip • Offered in Whole or Parts • Most significant development site available on the Las Vegas Strip • Prime location for Hotel, Gaming, Retail, Parking, etc. • Located in a Qualified Opportunity Zone • Directly across from Mandalay Bay, walking distance from the new Las Vegas Raiders stadium • Offers reviewed in advance of the bid deadline
Greeting card and gifts chain Papyrus is closing all its stores, according to the Chicago Tribune. Mortgage Professional America looks at whether the commercial real estate market could keep its momentum in 2020. These are among today’s must reads from around the commercial real estate industry.
