Paul Nasser found a second career at Boston-based Intercontinental Real Estate, leading the firm as it prepares to launch its latest private equity fund and acquire $1 billion in commercial real estate.
Behind the scenes of Boston’s troubled office market, landlords and lenders are seeking ways to restructure their existing debt, keep control of properties and avoid foreclosure.
Turbulent financial markets have whipsawed the commercial real estate industry, but from where Cappy Daume sits at The Davis Cos., evaluating potential acquisitions, there’s a lot of opportunity to take advantage of the situation.
Commercial real estate investors have a growing appetite for risk in 2021 and that could mean a shift away from pricey coastal markets including Boston.
