With the commercial real estate market virtually at a standstill due to interest rate hikes, quality assets of great interest to investors have managed to trade after a long journey full of twists and turns, bringing hope to a hopeless market. Two deals are scheduled to close this month, the Concordion Building in Gwanghwamun and Alphadom Tower in Pangyo. Bidding was held for the Concordion Building last August, with Mastern Investment Management selected as the preferred bidder. However, the sharp spike in interest rates delayed the transaction. With relatively stabilized loan interest rates this year, the deal has closed this week as lenders moved to secure stocks in high-quality assets. […]