"We've been in correction mode since fourth quarter of 15," he says. "I think there is going to be a fairly robust supplier properties that are going to hit the market later this year" The real estate cycle has essentially but for that 12-month period from mid-21 to mid-22, Rocha adds.
As distress descends on commercial real estate, Deconstruct analyzes how past financial crises can inform how borrowers, banks and policy makers handle this down cycle. Guests include: Bob Knakal, JLL Senior Managing Director, Head of New York Private Capital Group; and Sam Chandan, Professor of Finance and Director of the Chao-Hon Chen Institute for Global Real Estate Finance at the New York University Stern School of Business.