Agency lending however could be impacted by FHFA lending loan limit caps on Fannie Mae and Freddie Mac, which is currently set at $70M for each enterprise. Agency lending however could be impacted if this cap changes in the near the future. Agencies are beginning to ease underwriting restrictions that were put in place during More
Expect a number of shifts in agency lending trends in the latter half of 2021 and well into 2022. Fannie Mae and Freddie Mac lenders will be busy and should exceed 2020 originations. Lenders will be particularly active in the expected markets such as the Sunbelt, with larger cities like Atlanta, Dallas and Phoenix poised More
Expect a number of shifts in agency lending trends in the latter half of 2021 and well into 2022. Fannie Mae and Freddie Mac lenders will be busy and should exceed 2020 originations. Lenders will be particularly active in the expected markets such as the Sunbelt, with larger cities like Atlanta, Dallas and Phoenix poised More
Student housing acquisitions and developments continue to flourish as companies look to grow their portfolios within this space. Despite resurgences in COVID-19 due to the Delta variant, occupancy rates are on the rise as universities begin reopening. This increase is leading to bullish investors within the segment, alongside robust development pipelines. Expect strong lending trends More
Sometimes the best transaction is the one that did not require any major hurdles to push through, which is the case with CGI+’s purchase of The Brookhaven Collection, a 712-unit multifamily community located in Atlanta. The opportunity was sourced off market and CGI noted that this transaction was smooth and quick from start to finish. More
As COVID-19 experiences a resurgence in the United States, the multifamily market continues to maintain strong acquisition pipelines, keeping up pace with pre-pandemic numbers. Purchases in the Sunbelt and Southeast regions maintain their upward trajectory, with companies starting to move northward in the state of Florida, shifting slightly away from the congested Miami market and More
Every lender in the country is fighting for any industrial deal that comes to the market, including warehouse, distribution, flex and cold storage properties. Borrowers are seeing extremely aggressive terms such as higher leverage, longer interest-only periods and sub-3% rates. The low cost of tenant improvements and common area maintenance combined with the “stickiness” of More
Massive amounts of demand for industrial, warehouse and flex space will lead lenders to grab any deals they can get their hands on. Borrowers will see higher leverage, more interest-only terms and lower debt service coverage ratios. Leverage will reach 70% to 75%+ as lenders strive to compete. The highest quality properties will see rates More
More pref and JV equity capital is sitting on the sidelines waiting to be deployed than ever before. Expect a tremendous amount of equity capital rushing toward the same transactions, leading to some wild bidding wars. There is a major push toward newer asset classes such as build-for-rent, SFRs and ghost kitchens. Equity will also More
The telecommuting/work-from-home trend continues to challenge traditional in-office working norms because of worries over COVID variants, mask usage and fluctuating vaccine requirement protocols. As a result, more and more companies are pushing back their return-to-work dates, ensuring the continuity of the remote worker. Thankfully, malls and retail spaces have addressed this trend with safe, social More
Accessible luxurious spa experiences have proven to be necessities for customers who are seeking holistic self-care wellness solutions to various stressors in their lives. These wellness-service tenants attract not just well-to-do Generation X and baby boomer women but are also sought after by millennials who are more open to alternative health solutions. These facial/massage venues More
Parkview Financial provided financing for the redevelopment of the Harrah’s Reno Hotel and Casino into a mixed-use project named Reno City Center. The planned project will include 528 apartment units, as well as office and retail space. Equity was provided by Gryphon Private Wealth Management’s opportunity zone fund. Parkview liked that the sponsor found an More
Miami, Florida
November 7-8, 2023
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