Yongqiang Chu interviewed for ‘Deep discounts keep coming for sales of uptown Charlotte towers. What’s going on?’
Source: Charlotte Observer
“If there’s a huge vacancy, the net operating income of a building will be very low and that causes the value of the asset to decrease,” said Chu, director of the Childress Klein Center for Real Estate at UNC Charlotte’s Belk College of Business.
Read the article at https://www.charlotteobserver.com/news/business/article312444218.html#storylink=cpy.