It has been one year since the start of the COVID-19 pandemic and prediction of a surge in commercial property defaults that never materialized. Instead, rent delinquencies have declined while landlords renegotiated lease terms to their advantage and reaped the rewards of 6.8 percent commercial property price growth in February, according to Real Capital Analytics. Now, as vaccines continuing to roll out across the country, commercial real estate investors that remained patient through a volatile time, are well-positioned to yield even greater growth from a rebounding economy.
With offices in Miami, Orlando, New York City and Geneva, the team at Orion works with investors, developers, property owners and brokers through all phases of real estate transactions, from strategic planning and analysis to financing, negotiation, property management and disposition. For more information, call (305) 278-8400 or email email@example.com.