Carlos Rodriguez Sr. is chairman and chief executive officer of Driftwood Capital. Courtesy photo White Knights or Opportunists? Bridge, Preferred Equity Investors an Option for Struggling Real Estate
Bridge loans and preferred equity are options for hotel owners after loan forbearance runs out.
October 26, 2020 at 06:00 AM
9 minute read
For struggling real estate owners trying to survive the coronavirus-induced recession, the saviors extending a lifeline are lenders — but whether they are white knights or acting out of pure self-interest depends on whom you ask.
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