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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

Work-sharing spaces are experiencing a resurgence of popularity, and these brands seem especially interested in filling newly vacant spaces in malls and mixed-use retail assets. Retail property owners enjoy having these co-sharing brands as tenants because of the increased guaranteed foot traffic throughout all hours of the day and night, especially for its restaurants, bars, 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

The national pandemic has had devastating effects on many businesses, but the pet retail industry has been thriving. Families and baby boomer empty nesters have embraced pet ownership during this challenging time. Pets are also one of the main sources of companionship for millennials, as many are delaying starting families and going out less due More

Most conventional lenders are currently on hold for hotels until they can see stabilization in occupancy and rate performance.  Over the next twelve months, liquidity will return to the space.  The key will be the return of the CMBS market, which should start after the first of the year.  Lenders will shy away from construction More

Construction lenders are slowly re-entering the market, especially for projects located in growing or high-demand cities with experienced development teams.  Borrowers will see lower leverage and tighter underwriting standards than before the pandemic.  Rates will be about the same as they were pre-pandemic; the concern will be around proceeds and property values.  Most banks continue More

Count on increased demand and interest in multifamily bridge loans as lenders seek ways to provide capital in the space. As long as the agencies are providing take-out financing, the multifamily bridge market will continue to flourish. Bridge lenders are looking for higher quality assets, stronger sponsors and lower leverage than seen pre-pandemic. Anticipate lenders More

Lenders will start to trickle back into the office lending market over the next few months and into 2021, especially as competition increases for multifamily and industrial loans.  Watch for a major shift toward suburban office deals, while CBD office space in major urban markets such as New York City will be challenging for the More

Count on increased demand and interest in multifamily bridge loans as lenders seek ways to provide capital in the space.  As long as the agencies are providing take-out financing, the multifamily bridge market will continue to flourish.  Bridge lenders are looking for higher quality assets, stronger sponsors and lower leverage than seen pre-pandemic.  Anticipate lenders More

U.S. malls expect an unprecendented holiday season, as COVID-19 concerns appear to still be affecting consumer worries about health and social distancing. Major malls have been preparing and there are new insights into what these centers are doing to safely increase foot traffic for the upcoming Black Friday and holiday season shopping Technology to the More