Iacono Discusses COVID-19 Impact on CRE Industry with REFI
CEO Joe Iacono spoke recently with REFI about the immediate and long-term effects of COVID-19 on the CRE industry.
“It’s a finite situation. Corona will eventually be resolved,” Iacono said. “The market dislocation caused by the pandemic may create potential investment opportunities. Whether that’s buying loans or making loans, particularly to hotels that have severe cashflow situations and need rescue capital.”
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