17 December 2020, 10:32 am EST By
The COVID-19 pandemic has truly disrupted the real estate segment perhaps more than any other market. But this could prove to be a silver lining for New York City-based startup Metechi, a provider of a debt trading platform that facilitates the buying, selling, origination, and syndication of commercial loans at scale.
How Bad Was The CRE Market?
The U.S. commercial real estate (CRE) market benefited from a decade s worth of low interest rates and a booming economy. Property owners in major cities across the U.S. mostly feel they can dictate whatever rent price they wish to charge and there will be no shortage of customers willing to pay.