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      03-28-2020, 08:21 PM   #88
bing240sx
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Drives: F87 M2C /// E90 M3 ESS-VT2
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Quote:
Originally Posted by dsad1 View Post
There is no reasonable decision making for a full country shutdown for multiple months. If this keeps on going we are all screwed, even the most conservative do not underwrite for this type of scenario.
that is for sure. and i agree that this is going ot get much worse once the downstream economic impact begins to be realized.

however, i have had many conversations this week. the guys who kept lots of cash around, own lots of real estate and have good finance depts are going to last a lot longer.

the tide will be washing out the poorly managed and the over-leveraged first.

lots of large tenant loses in malls already confirmed. lots of mass lay offs queitly being announced and processed. two dealer groups have laid off 700+ people and i'm told a lot more are coming.
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