Many newly build, luxury high rise condos were not qualified for any financing because the building didn’t have the required number of units owner occupied as required by Fannie, Freddie, and individual lenders.  

Over time, as rents rise and your margins improve, a good PM is worth their weight in gold. 

New supply and rising expenses are probably even more impactful.Florida has some of the most new construction going on in the country, and is seeing rapid increases in insurance costs.

Rates rise significantly when you are doing a MTR.

On the other hand, if you find a supply vs demand imbalance in a cheaper market, prices and rents can rise unhindered. 

This is going to mean more homes closing faster and more closing means more comparable sales to trigger a rise in homes prices.

We are seeing a significant uptick in defaulted fix and flip and DSCR loans due to maturity defaults, liquidity issues and rising costs.

With less demand, sellers may be more motivated to offload properties, especially those facing higher holding costs due to rising interest rates.Also, the election season plays a major role with what's going on. 

If the line is converted or if rates suddenly rise (like they did recently), you could have a serious problem. 

Teaming up with Mexican retail giant El Puerto de Liverpool, the family has made a $3.8 billion bid at $23 per share.Nordstrom, like many department stores, is struggling with changing retail trends, including competition from discount chains and the rise of online shopping.