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The manufactured housing community (MHC) sector will be strong this year with ample capital chasing deals with competitive terms. Lenders will be drawn to the logical, predictable and durable cash flows, along with the fact that this property type naturally lends itself to social distancing versus large high-rise apartments. MHC also offers an affordable alternative More

W. Dean Henry, CEO — Legacy Partners As we have now entered 2021, it is too early to confidently predict the mid- to long-term status of development as globally we are still experiencing the rise and fall of statistics and variants of the COVID-19. Many questions will remain unanswered in the short term: Are we More

Watch for amenities to evolve as managers adapt to the continued realities of COVID-19, with value-add plans focused on outdoor amenities and social distancing initiatives likely to continue for the foreseeable future. Future-proofing against potential pandemics will be a key component of amenities development. Managers will be keen to entice new and existing residents for More

Developers will see an increase in the amount of available construction capital in the coming months.  The combination of the economy moving in a positive direction and banks returning to the sector will spur lending activity.  Many lenders that were on the sidelines are also returning to the space in their search for yield.  Life More

Shopping malls have been in a precarious position lately with trying to find new tenants for vacated big-box brands and having to adapt to the new reality of social distancing mandates. As a result, some interesting trends have been popping up recently, including creative big-box utilization and innovative contactless food pickup techniques. Look for gambling More

Chicken wing brands that have remained successful during the pandemic were the ones that either already had a quick-service take-out/delivery system in place, or quickly adapted to that format. New venues opening up in this category have moved away from their dine-in restaurant/sports bar roots and are instead catering to the national appetite for quick More

Jason Morgan, Principal — Morgan Properties Multifamily has continued to perform well demonstrating its recession resiliency. With limited deal flow and low-interest rates, we expect cap rates to compress significantly in 2021. Morgan Properties is able to stay busy through our pursuit of (i) off-market transactions, (ii) larger portfolio deals and (iii) complicated structures. By More

Watch for senior housing acquisitions and development to slowly build back up in 2021, as the stagnation that occurred as a result of the pandemic last year is expected to ease up. Pent-up demand is expected to hit the market in the third and fourth quarters of this year. Value-add acquisitions on newer buildings will More

Lenders are re-entering the office sector in their search for yield, although expect a more conservative approach.  As competition for multifamily and industrial intensifies, lenders will see the benefits of funding office.  Financing will be highly dependent on the asset’s location, strength of sponsorship and tenancy.  There will be less focus on downtown/core locations and More

Hoteliers will see more and more available capital as the year continues, with hopes that travel will kickstart again this summer.  Count on non-bank and debt fund lenders to be the most active, while banks will slowly trickle back into the sector.  All eyes will be on vaccine distribution, which will lead to increased economic More

Even though more and more stores and restaurants are opening up, customers have become conditioned to remain concerned about potential coronavirus transmission fears. With late winter/early spring being the traditionally high season for upper respiratory infections — whether it be COVID-19 or another flu-like virus — retail businesses have thankfully prepared for any customer angst More

Sandwich chains, including Capriotti’s, Jersey Mike’s, Firehouse Subs, PrimoHoagies, McAlister’s Deli, Schlotzsky’s, Penn Station, la Madeleine French Bakery & Café, CAO Bakery & Café and Goodcents, have successfully pivoted to appeal to the new work-from-home customer who is wary of face-to-face contact. Consequently, drive thrus, grab-and-go offerings and breakfast/dinner options are now the new normal More