Globe St. ran a piece on how CGI Strategies is planning to acquire $500 million in apartment assets over the next 12 months. Writer, Kelsi Maree Borland spoke to Michael DiSimone about CGI’s growth goals and how they plan to get there.
What Investors are Thinking
The real estate market is currently facing a period of uncertainty due to the economic impacts of the COVID-19 pandemic. Investors are worried about the potential for a prolonged recession, which could lead to a decrease in property values and a decrease in rental income. The uncertainty surrounding the future of the economy has caused investors to become more cautious about investing in real estate.