Assume a large commercial development on all four corners of an expressway interchange in Central Florida. Assume it’s been going gang busters. National tenants like Walmart, high end supermarket, fast food, Starbucks, luxury theater, office users, specialty medical users, hotels, etc.
Massive amount of existing residential in the immediate vicinity with more coming out of the ground daily. Significant Disney influence.
Assume rates keep going up, and the long anticipated stock market crash occurs.
In broad strokes, what would be the expected effect on the market velocity of a real estate development like the one described above?
Massive amount of existing residential in the immediate vicinity with more coming out of the ground daily. Significant Disney influence.
Assume rates keep going up, and the long anticipated stock market crash occurs.
In broad strokes, what would be the expected effect on the market velocity of a real estate development like the one described above?