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
Acquisitions continue to boom as demand for supply shrinks. Look for investors to scoop up multiple properties when they can get them. Multifamily lending also continues to heat up, with bridge loans especially on the rise. Count on extremely competitive terms and underwriting as lenders strive to compete. Greystone recently provided $41.2M in bridge financing More
Multifamily borrowers will continue to gain the most favorable terms as all lenders strive to compete in the space. Equity requirements have increased and leverage has not been pushing quite as high since cap rates remain low. But pricing is still at an all-time low and underwriting will continue to loosen. Leverage for most deals More
Watch for a large rebound in the senior housing space in the coming months, as owners and operators prep for increased demand from investors. Spurred on by expected increases in population and occupancy demand, investors will double down on senior living as COVID-19 concerns begin to dwindle, despite the increase of the Delta variant nationwide. More
Multiple property portfolio acquisitions continue to be a growing trend in the increasingly competitive multifamily space, which drew Oak Coast’s attention to this purchase. The company purchased two properties in the Colorado market, both in Denver, from Mountain View Capital. The purchase included Avalon with 235 units and Estrella Apartments with 192 units. Oak Coast More
Acquisitions continue to boom as demand for supply shrinks. Look for investors to scoop up multiple properties when they can get them. Multifamily lending also continues to heat up, with bridge loans especially on the rise. Count on extremely competitive terms and underwriting as lenders strive to compete. Greystone recently provided $41.2M in bridge financing More
Multifamily borrowers will continue to gain the most favorable terms as all lenders strive to compete in the space. Equity requirements have increased and leverage has not been pushing quite as high since cap rates remain low. But pricing is still at an all-time low and underwriting will continue to loosen. Leverage for most deals More
Watch for a large rebound in the senior housing space in the coming months, as owners and operators prep for increased demand from investors. Spurred on by expected increases in population and occupancy demand, investors will double down on senior living as COVID-19 concerns begin to dwindle, despite the increase of the Delta variant nationwide. More
Agency lenders, banks, life companies, conduits and private money lenders are all seeking multifamily loans this year and with so much competition in the space, lenders will have to drop loan minimums in order to win deals. Expect small-balance multifamily lending to be a highly desired segment throughout the rest of the year, especially with More
Many shopping centers have lost their prime “retail-tainment” foot traffic with movie theaters experiencing numerous months of mandated closings and family-fun venues such as Dave & Buster’s and Round One Bowling being continuously shut down. One loophole to these restrictions is to move entertainment into an outdoor setting, while maintaining proper social distance protocols. Throughout More
Miami, Florida
November 7-8, 2023
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