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With today’s consumer, the key buzzword seems to be “local,” whether it is “buy local,” “support your local vendors” or “help support local small businesses.” Keep an eye out for new national retail chain themes and concepts popping up that feature both local regional brands, as well as lesser-known, yet still buzzworthy, digitally native/direct-to-consumer (DTC) More

There will be demand from pent-up JV and pref equity investors looking to put money out this year, especially after sitting on the sidelines throughout most of 2020.  Count on a move toward development transactions as investors will be confident that once these projects are complete, the economy will have rebounded.  There will be a More

Borrowers will see an increase in bank lending this year once the vaccine is readily available and people are able to get back to work.  Banks will continue to focus on relationships and will be risk averse, which will show through lower leverage and less available non-recourse dollars.  For the time being, large money center More

Count on capital for senior housing properties to become more available next year, especially once there is access to a vaccine. Lender and investor interest will be strong, as long-term fundamentals of the sector remain positive and the population continues to age. The pandemic has resulted in fewer new construction projects, which will improve overall More

Joe Lubeck, CEO — American Landmark Q: What are your general predictions for the multifamily market in 2021? A: Suburban apartments will continue to gain popularity across the country as coastal cities, and even core cities that are inland, see residents moving outward to places with greater space and competitive rents. Demand is consistently shifting More

Despite the impact of COVID-19 still reverberating throughout the multifamily industry, expect acquisitions to be strong in 2021 with several companies such as Colony Hills Capital, Middleburg Communities and others to focus heavily on battleground markets when pursuing property acquisitions next year. Geography will play a much bigger role in acquisitions, with developers focusing heavily More

The smoothie and juice industry has been booming with growth during the pandemic and continues to have a strong national expansion forecast. With stress levels at an all-time high due to factors such as the fluctuating economy, political strife and COVID-19 concerns, Americans are gravitating to health-boosting solutions that are good for their immune systems. More

Many mall and retail renovation plans for 2021 are focused on adding open green space and more outdoor communal areas that serve as a solace to coronavirus concerns. Mixed-use developments are also trending, especially for taking over demolished vacant big-box mall space. Much of the development is occurring outside of major metropolitan hubs, with the More

Count on capital for senior housing properties to become more available next year, especially once there is access to a vaccine.  Lender and investor interest will be strong, as long-term fundamentals of the sector remain positive and the population continues to age.  The pandemic has resulted in fewer new construction projects, which will improve overall More

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