Curated News
By: NewsRamp Editorial Staff
July 26, 2024
CEO Discusses Impact of Work-From-Home Trend on Distressed Commercial Properties
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- Investors with self-directed IRAs can take advantage of distressed commercial properties, providing a new avenue for potential investment.
- Declining asset valuations and transaction volume, along with loans facing maturity, have contributed to the growing pool of distressed commercial properties in the U.S.
- Investing in distressed commercial properties can revitalize struggling areas, provide job opportunities, and contribute to the growth of local economies.
- The emerging decline of commercial property tenancy and increasing delinquency rates among office building owners present new opportunities for alternative asset investment.
Impact - Why it Matters
The news matters because it sheds light on the potential for savvy investors interested in commercial real estate as an alternative asset allowed in a self-directed IRA. It also highlights the impact of work-from-home and online shopping trends on distressed commercial properties, providing insight into the current state of the U.S. commercial property market.
Summary
Jaime Raskulinecz, CEO of Next Generation Trust Company, discusses the impact of work-from-home and online shopping trends on distressed commercial properties. The company provides account administration and custodial services for self-directed retirement plans. Raskulinecz cites compelling statistics regarding the state of commercial real estate in the U.S. today, highlighting the potential for savvy investors interested in commercial real estate as an alternative asset allowed in a self-directed IRA.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, CEO Discusses Impact of Work-From-Home Trend on Distressed Commercial Properties
