Mutual aid associations are a major investor in the commercial real estate market and have spent their time recently securing more funds. Due to interest rate hikes and rising salaries, requests fo loans by their members are rising, leading to a lack of surplus funds from a capital call from an agreed-upon rust management fund. There is also a desire to accumulate capital in anticipation of asset prices plummeting, leading to future opportunity to buy quality assets. Many associations have suffered huge losses in stock and bond investments, so are putting up assets for sale to post a profit before year-end. The Korea Teachers’ Credit Union (KTCU) is doing just […]