There will be capital available for retail next year, however, lenders will be selective and more conservative going forward. Lenders can now pick and choose deals, which will lead to riskier retail properties having a tougher time finding financing. More
Aztec Group2665 S. Bayshore Drive, PH-2ACoconut Grove, FL 33133Charles Penan, EVP(305) 938-8621cpenan@aztecgroup.com Aztec Group secured $23M in fixed-rate debt for the refinancing of a Public Storage facility located near the Aventura sub-market of Miami. The non-recourse, fixed-rate financing was provided by an affiliate of 3650 REIT. The loan will be interest only for the full More
The Milestone Group recently acquired a three-property value-add multifamily portfolio totaling 870 units in Fairfax County, Va., executing an off-market acquisition through a loan assumption that saved significant prepayment costs. More
Overall bank activity has slowed, although there are some regional bank lenders still active today. Count on banks to start the new year off cautiously, keeping a close eye on rates, then returning to more normal levels once there is more certainty in the market. More
Count on bank lending to be active but more selective going forward. Borrowers will see conservative underwriting, much higher rates and lower leverage. More
This month we spoke to Hale McNinch, whom national multifamily owner/operator American Landmark recently promoted to chief revenue officer. More
See the Online Directory for complete contact information. Acadia Realty Trust411 Theodore Fremd Ave., Suite 300Rye, NY 10580Reginald Livingston, Co-Head of Acquisitions AECOM Capital1999 Avenue of the Stars, Suite 2600Los Angeles, CA 90067Paul Giorgio, COOJosh Katzin, Chief Investment OfficerWarren Wachsberger, CEO AEW Capital ManagementTwo Seaport LaneBoston, MA 02210Seth Berger, CFO Aimbridge Hospitality2011 Crystal Drive, Suite 1100Arlington, VA More
Sunbelt multifamily market locations continue to yield deals and activity, despite recent headwinds in the market. Here are some of the recent deals IPA, Berkadia, and Marcus & Millichap were part of. More
The tech industry has brought real estate into a new era, and the pandemic gave investors and owners incentive to embrace the changes. Here are four ways that technology is bringing real estate into the 21st century. More
Despite some slowdown, the single-family rental (SFR) and build-for-rent (BFR) space will continue to be an attractive asset class to capital providers. This is heavily influenced by several key macro factors. Rising rates and inflation are leading to some pullback in the space. More
The multifamily market, while still strong, has experienced headwinds in recent times. But disruption tends to refocus rather than restrain opportunity. More
Editor’s Note: Peter DiCorpo, co-founder, COO, Brook Farm Group, shares his thoughts about the issues impacting multifamily development and what it takes to get development done in today’s environment. What are the top three issues impacting multifamily development? Developing multifamily communities today requires balancing a number of pressing issues. The rising interest rate environment, continued More
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