Premium

There has been a major expansion push recently with regards to cookie shops. The national yearning for the comforting, feel-good sensation that fresh baked cookies represent is spurring demand for these retailers. Customers are drawn to impulse treat purchases that will sweeten their moods in these increasingly stressful pandemic-era times. Cookie brands tend to seek 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

Bridge lending is picking back up and should become even more abundant going into 2021.  Look for many bridge lenders who had been on the sidelines to return to the space, although seeking less risky deals with more conservative terms.  Plenty of opportunities await active bridge lenders, especially on higher quality properties in favorable locations More

Count on an influx of developers wanting to repurpose big-box anchor mall spaces, specifically former Sears stores, into apartments. This trend has especially revved up as the coronavirus lockdowns are adversely affecting mall traffic. There are ample retailers and restaurant chains that are especially attracted to the big-box apartment conversion concept, as it means there More

Count on many lenders, especially the agencies and banks, to be active in the small-balance multifamily space going forward. Small-balance properties will continue to be sought after as they include a big component of workforce housing, which is in high demand. Lenders will especially target small properties with an affordability component. Rates will remain low More

Salad chain brands will see a rise in popularity throughout the country as national lockdown measures ease up and Americans move away from their comfort food quarantine diets and resume their health and fitness routines. As many Americans work to shed those extra pounds they gained through both stress eating and mandated gym lockdowns, the More

Count on many lenders, especially the agencies and banks, to be active in the small-balance multifamily space going forward.  Small-balance properties will continue to be sought after as they include a big component of workforce housing, which is in high demand.  Lenders will especially target small properties with an affordability component.  Rates will remain low More

The life company lending market will be strong as these lenders look to put capital out and grab favorable yield in 2021.  Many banks, CMBS and debt funds have experienced disruptions in their pipelines and life companies will step in to cherry pick the best deals next year.  Production for 2020 is expected to be More

Multifamily acquisitions are expected to increase after a few softer months during the early part of the COVID-19 pandemic. Watch for Westmount Realty Capital, Trammell Crow Residential, Wood Partners, Universe Holdings and Trez Capital to be active players. Low interest rates make an ideal purchasing environment, and many firms have been pleasantly surprised by the More