April 8, 2019

Expect true, unrenovated value-add deals to be few, far between and highly competitive to close. New buying groups are emerging and they are closing deals, making the crowded space even tighter. Institutional money such as Prudential and Heitman have entered the Class B space in search of yield at a strong risk-adjusted basis. Family offices More

Companies such as Pinnacle, Lincoln, Uptown Rental Properties and Kettler will be watching virtual reality tours like a hawk. Online tours have been a huge boon to the online leasing trend that has taken off in the last couple of years. This new marketing technique is still in its infancy, but count on seeing more More

Bridge lending remains fierce for multifamily, but some of the newer debt funds may step away from the space. Surety of execution will be the most important factor for bridge lenders going forward. The explosion in the space means rates can be absurdly low for bridge loans. Borrowers will still need to do their due More