Fund/REIT/Trust buyers: coronavirus response

[Jake Russell]

I work for a property mgmt company that manages about 5000 properties across a half dozen states. Several of the large funds/Trusts that I have contact with are holding off on purchasing, and even getting out of contracts right now. Some are talking about coming back into the market strong in 3-6 months, when they think the market drops. What are you seeing? I know retail investors are spooked. Does anyone else have visibility into larger buyers and their responses?