Joseph Gordon

Inland Real Estate Acquisitions is having a strong 2019 so far. It is currently hovering around $500M in acquisitions for all real estate classes with a goal of $800M to $1B in mind. This means the company has crossed $47B in acquisitions since its inception. As far as multifamily is concerned, Inland has not been More

Count on Class B and C deals to see even more fiery competition now that interest rates have dropped further. Despite the lower rates, the cost of debt has actually increased, which should keep the market in a stable place. The current headwinds and tailwinds are mostly canceling each other out. The demand for workforce More

Count on the newly built senior housing properties to have a better outlook than older supply. Despite the recent glut in supply, higher quality senior housing will attract residents more than the properties that are 20 years or older, which is a majority of inventory. People want amenities and services that are reminiscent of hospitality. More

Affordable housing will continue its explosive pace this year. Development shows no sign of slowing and has the potential to increase in production if a bill in Washington, D.C., goes through. This increase of affordable housing should alleviate some demand from the Class B and C buildings nearby, but it is merely a dent in More

Rent growth will continue to flatten nationwide despite constant demand for multifamily housing. Markets with job growth continue to be healthy. The market has done well at catching up supply with demand. Most of the new buildings delivered are Class A, which means there will still be room for rent increases for Class B and More

Small multifamily owners will see more favorable terms as lenders compete. The small-balance multifamily market is well-positioned going forward due to strong investment activity and a vast improvement in liquidity this cycle, largely in part due to agency support. Loan size limits will increase slightly, certain programs will become more streamlined and new lenders that More

Count on multifamily developers to be highly selective with projects going forward as they store up dry powder for the beginning of the next real estate cycle. More people are looking over their shoulders as the 10-year-long economic expansion continues. Development veterans will seek out less new opportunities going forward as they sharpen the saw More

Property managers will go all out to bring fresh blood to the multifamily industry and focus even more on keeping their best employees. With the low unemployment rate and new developments coming online, operators need all the help they can get. Keep an eye out for salaries to creep up as the pool of experienced More