March 1, 2021

Capital will be available for land but expect lenders to revert back to conservative traditional underwriting because of perceived risk in the space.  Active non-bank lenders are expecting a busy year — as banks have pulled back — yet there is a lot of development getting approved, especially in the residential market.  The stronger the More

Hoteliers are starting to see construction lending open up once again, although with more conservative terms.  Many lenders seem encouraged by vaccine distribution and foresee a strong rebound of travel during the second half of the year.  The limited amount of recent construction lending and some supply being removed from the system over the last More

During the lockdowns, golf has seen a surge in popularity as an outdoor-themed exercise and natural social distancing activity. Consequently, there are now golf-oriented retail tenants performing especially well and expanding. There are also miniature golf-themed brands that are trending and expanding their footprints, adding a touch of upscale elegance and nighttime bar/dining ambiance to More

Entertainment-themed tenants are hopeful the vaccine rollout will get more Americans into their establishments in the coming months, and there are signs that these brands are becoming bullish about opening up new units throughout the country. Americans in general are increasingly showing signs of COVID-19 lockdown fatigue. Entertainment based solely in the home, whether via More