March 15, 2021

There will be plenty of available debt and equity for multifamily this year with all capital providers striving to compete.  Lenders consider multifamily a safe asset class and see increased demand because of the predicted housing shortage.  Banks will be a great source of capital, but for long-term money, life companies and agencies will win More

Lenders are re-entering the retail market driven by grocery-anchored centers with long-term leases.  Ample competition in the multifamily and industrial space will lead more lenders to retail in their search for yield this year.  Expect lenders to look closely at tenant profile, sales, customer base and market demographics.  Lenders will be cautious with non-essential retail More

There is a national trend within the retail industry to reach out to minorities in a disadvantaged position due to a renewed focus on race relations stemming from recent social unrest. Citi Trends, Everytable and Community Commons — the Mall of America’s space dedicated to minority-owned brands adversely affected by Minneapolis’ pandemic and riots — More

Hamburger restaurant brands still remain a safe tenancy bet as consumers are attracted to the feel-good comfort food pleasures that burgers provide. The burger restaurant industry is expected to grow by almost 16% this year alone. The industry has expanded to include higher-end brands that produce gourmet offerings, which appeal to the upper middle-class base. More