COVID-19 continues to cause delays across the multifamily construction industry. Still, as the economy opens up, signs of life are appearing across new proposals, permits, and starts. Completions continue to trend downwards, in-line with the..
As we continue through the health pandemic brought on by COVID-19, investors and pundits are beginning to read the middle to long term effects on the various asset classes and the economy at-large with more clarity. The brief rebound in the stock..
Sometimes, the closing timeline for a transaction dictates that the senior loan must close prior to the preferred equity close. There can be several reasons for this, including sponsors making the decision to add preferred equity later in the..
Low-density markets continue to garner developer attention, especially given the potential fall-out from COVID-19. While new starts continue the downward trend and completions remain soft, new permits ticked upwards in May. The anticipated..
The Effects of COVID-19 are beginning to take effect, as asking rents are declining in most major markets. Renters by necessity are relatively stable in terms of rent growth, by lifestyle rents are being hit the hardest. Rents are declining at..
The 10-year Treasury Yield has remained stable keeping in a range of around .75%. Debt capital is available from the agencies but with reserves. Equity capital continues to be selective.
