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    Senior housing will see increased lender vitality in 2025

    Watch for modest increases in senior housing lending this year. Occupancy is stabilizing and inflation and labor pressures have softened in the space. Private pay Class A assets will continue to lease-up and post strong rent increases as incoming supply screeches to a halt. Development capital will still be difficult to find because of interest rates and construction prices. The agencies will continue to be the primary source of permanent financing for senior housing. Also, keep an eye out for a small number of life companies, banks, private money lenders and debt funds that will fund senior housing deals. More

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    Deal of the Week: Avondale Logistics Center in Avondale, Arizona

    Thorofare Capital provided the floating-rate senior loan to refinance Avondale Logistics Center, a 2024-vintage 86,372-s.f. Class A warehouse/distribution building in Avondale, which is part of the South Goodyear submarket. The bridge loan was used to refinance the existing construction lender, as well as provide the sponsor with funds to complete construction and subsequently lease-up the asset. More

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    Construction lenders are returning to the game

    Construction lending will increase due to the continued absorption of supply, and the number of construction lenders could double in 2025. Watch for more big banks to re-enter the market, although their terms will vary. The all-in rate for bank construction is lower than debt funds and private money lenders; however, with limited dry powder, the banks are reserving capital for their best development customers. Private lenders, debt funds and select regional banks will likely remain the most active, as they often have more flexibility in structuring deals. More

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    The top 5 things to watch in 2025

    Many lenders and equity providers spent most of 2024 in a wait-and-see mode. High rates, inflation worries and political uncertainty around the election all contributed to many capital providers sitting on the sidelines. Expect things to start moving in 2025 with increases in both investment activity and overall lending. Many lenders should start to re-enter More

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    Retail Sale of the Week: Publix in Dacula, Georgia

    Watkins Real Estate Group of Atlanta sells a newly constructed Publix-anchored neighborhood shopping center for $25 million. The property is located in Gwinnett County, one of the fastest-growing submarkets of Atlanta. Hanley Investment Group represented the 1031 exchange buyer, a private investor based in San Diego. CBRE represented the seller. More

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    Multifamily Sale of the Week: Villas at Princeton Lakes in Atlanta

    FCP sold the 210-unit Villas at Princeton Lakes to Monday Properties and RSN Property Group for $36.75M. The property is located in the South Fulton area, a prominent suburb of Atlanta. This acquisition marks Monday Properties’ first venture into the Atlanta market and represents the ongoing expansion of its multifamily portfolio, which includes more than 6,700 housing units currently in operation and in the development pipeline across the East Coast. More

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    Positive Q3 results show continued CRE improvement

    The Mortgage Bankers Association (MBA) and CBRE both released positive third quarter numbers for commercial real estate; a trend that is expected to continue until the end of the year. Lower rates were a big factor in these positive numbers and most property types showed increases in dollar volumes. Multifamily had a very favorable third More

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