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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

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

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

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

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 all-time lows and underwriting will continue to loosen.  Leverage for most deals will More

Lenders are coming back into the land space, especially for single-family and multifamily development entitled sites.  Watch for additional capital providers to re-enter the market during the rest of the year, as lenders strive to meet origination goals.  The majority of lenders that were in the space pre-pandemic should be back in the game.  Lenders More

There is a growing restaurant fad in which side dishes are featured as the main course. This appears to be the next wave of the “snack” trend, following in the footsteps of the upscale coffee/tea/dessert/boba craze. As customers seek quick and convenient bites to eat at cheaper price points, they are consequently gravitating to “side More