CRE Investors Gather “Dry Powder”


Hop on our YouTube channel for today’s post about investors who are targeting distressed assets, based on an article from National Real Estate Investor. Here are the basics:

A lot of the big players are gathering their “dry powder” to be in a position to take advantage of a post-COVID opportunities. Many of the banks and many other non-bank lenders have been unable to foreclose on companies that have been hit hard, who have gotten behind because of various federal or state regulations or in some cases even the CARES Act. If you took benefits from the CARES Act, you had to forestall foreclosure proceedings or eviction proceedings through the end of the calendar year. Nevertheless, investors who’ve wisely taken advantage of this wild stock market are taking their gains, and they’re keeping some cash on the side in order to take advantage of other opportunities. There’s going to be a lot of activity in the first quarter of next year, as some of these regulatory things cease to be a factor.

Harvard Grace is putting together an opportunity fund that we will be launching here in a couple of weeks to take advantage of similar opportunities in the Tennessee valley, so take a look at the NREI article today, and if there’s any way we can help you analyze your investments, let us know. It’s something for everybody to be thinking about if you’ve got investable cash in 2020!

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