CRE Has Survived Crises In the Past and It Will Overcome This One Too

Since the 1980s, the country has been through numerous recessions and real estate crashes. Whenever these downturns or crashes occur, the distressed side of the industry, which is usually dormant until the crash occurs, rises to the challenge and mobilizes its resources to acquire, renovate, release, and sell these foreclosed and vacant properties.

5 minute read July 01, 2023 at 12:03 AM
By
Joseph J. Ori
CRE Has Survived Crises In the Past and It Will Overcome This One Too

The CRE industry in the U.S. is a large and diverse alternative asset sector valued at about $15 trillion. The industry is very resilient and adaptable even though many pundits over the decades have called for its collapse and extinction.

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