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After taking a pause at the start of the pandemic, CMBS lenders have returned to the market and will be active through the end of the year and into 2021.  The demand for CMBS bonds has remained strong, which has allowed CMBS lenders to offer attractive rates.  Borrowers will see lower leverage and more reserves More

Lenders perceive multifamily as the strongest and safest real estate asset class going forward. The agency lenders have been extremely aggressive on pricing with no changes in sight. Count on banks, life companies and CMBS lenders to become more aggressive on terms, specifically debt service coverage ratios and cash-out restrictions, in order to compete with More

Amenities development in new projects will shift dramatically as a result of the COVID-19 pandemic, with multifamily developers hoping to protect upcoming ground-up projects from the current — and any future potential — pandemics. Allen Morris expects amenities to evolve as a result of changing demands from incoming tenants. Global City Development will watch amenities More

Lenders perceive multifamily as the strongest and safest real estate asset class going forward.  The agency lenders have been extremely aggressive on pricing with no changes in sight.  Count on banks, life companies and CMBS lenders to become more aggressive on terms, specifically debt service coverage ratios and cash-out restrictions, in order to compete with More

When it comes to financing, retail is a story of the haves and the have-nots.  Expect a barbell shaped market with high-quality opportunities on one side and challenged properties on the other side.  Grocery-anchored centers in strong markets are doing well and even thriving, while vintage mom-and-pop centers without essential retail are having a tough More

Cell phones are a daily necessity that the populace cannot live without and even with the ongoing coronavirus concerns, people will make an exception with leaving their homes when it comes to repairing their cell phones. As a result, cell phone repair stores still have plenty of guaranteed foot traffic. Although there are many mom-and-pop More

Retail stores that sell secondhand merchandise are seeing an uptick of growth, perhaps because of economic uncertainties due to the fallout from COVID-19. The popularity of secondhand stores coincides with a quarantined populace that has had extra time to sort through and purge items in their own closets. There is also the allure of earning More

Condominium borrowers will see available capital from banks, debt funds, bridge and private money lenders. Watch for condo lending to be more location and borrower specific than in the past. Lenders will be extremely conservative and require additional borrower equity. Borrowers will see 5% to 10% lower leverage and an increased focus on pre-sales. Lenders More