Gary Bechtel and Hessam Nadji at CMBA 2021
CMBA conference chair, Gary Bechtel, CEO of Red Oak Capital, offers these three insights from the buzz heard around the event.
- There is capital in the market and investors are getting outbid because of that (money, money, and more money).
- Most asset classes have rebounded, even hospitality, though urban office is still struggling.
- Rates are not expected to be going up soon.