As the Southeast continues to be a dominate market for acquisitions, American Landmark’s biggest obstacle with this deal was heavy competition in the Sunshine State. The company liked this property because of the asset’s newer build quality, which allowed it save money on expenditures and make a better return on the investment. The location itself More
With unprecedented demand and ample options for tenants, expect the customer service arm of property management, particularly in the Class A segment, to be aimed at outpacing competitors to lure potential tenants and maintain existing tenant relationships. Technology-based partnerships for property management firms will also continue to grow in popularity as managers will be keen More
We asked: What are your general predictions and plans for property management within the multifamily segment for the rest of 2021 and into 2022? What property management trends do you see emerging Deanna O’Brien, SVP of Operations — Legacy Partners The most robust trend we’re seeing coming out of the pandemic is the use of More
Look for a rising number of groundbreakings and development plans along the West Coast, similar to growing acquisition trends slowly trickling out of the Sunbelt and into other regions, as investors bank on demand to swing back to the West Coast and Pacific Northwest in 2022 and 2023. As such, expect a growing number of More
Watch for acquisitions within markets outside of the Southeast to heat up, as an overload of supply and demand within the Sunbelt will slowly send investment firms looking at other avenues for potential profitability within the coming months. Expect the rest of 2021 to be marked heavily by companies expanding their geographic footprints into more More
Millennials are moving away from major cities and starting families, a trend that was sped up by the pandemic. Financing for the single-family housing sector is on fire with a major push toward single-family rentals (SFRs) and the build-for-rent space. There has been a shift out of apartment living and towards single-family homes, leading to More
COVID-19 has hit many retail properties hard and most lenders are not funding retail properties at this time. Property Type: A Retail Shopping Center in Placerville, Calif.Loan: $3.9M Refinance Lender: Symetra Life CompanyLeverage: 30% LTVRate: 3.76% The fact that Hangtown Village Square located in Placerville, which is a smaller market located in between Sacramento and Lake More
Hoteliers will see more available capital during the second half of the year, especially as most lenders expect revenues to greatly increase this summer. Look for debt funds, private money lenders, CMBS lenders and even some banks and life companies to be active. Business travel is starting to pick back up, along with wedding and More
Hoteliers will see more available capital during the second half of the year, especially as most lenders expect revenues to greatly increase this summer. Look for debt funds, private money lenders, CMBS lenders and even some banks and life companies to be active. Business travel is starting to pick back up, along with wedding and More
Construction lending will be robust during the second half of the year and borrowers will see plenty of available capital from debt fund, private money and bank lenders who are all re-entering the market. New capital is flowing into the space from both debt funds and traditional lending sources and this increased competition will lead More
Mall owners and retail tenants alike are ready to fully welcome shoppers back into their centers. Many are doing this by appealing to the customer’s need for an aesthetically pleasing sensory experience, especially via unique art installations. With shoppers more than ready to get out of their humdrum quarantine mindset and into lively stores and More
Greek and Mediterranean themed fast-casual restaurants seem to be the latest health food craze, with new tenants in the category popping up across the nation. With the average American prioritizing a sensible diet that utilizes all-natural ingredients, Greek cuisine fits the bill. Even the US News & World Report recently ranked the Mediterranean diet the More
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