Multifamily Real Estate Markets Update (May 2020)

Apartment retention rates are up, but rent growth is down. Operators are seeing increased short-term rentals on renewals due to COVID-19, but new leases are not achieving rent growth due to lower pricing on longer-term commitments. Metros that..

Multifamily Capital Markets Update (May 2020)

The 10-year Treasury Yield has remained stable bouncing from .5% to .75%. Debt capital is available from the agencies but with reserves. Equity capital has become selective.

Commercial Real Estate Markets Update (April 2020)

Below is CBRE’s assessment of the impacts on the CRE industry as a direct result of COVID-19 in a thorough research piece released on March 27, 2020.

The prediction is that the negative effects will peak at the end of Q2 and we will see a ~7%..

Reducing Upfront Deal Costs for Preferred Equity

One way to reduce upfront costs during diligence is to determine whether a preferred equity provider can re-use existing third-party reports. Every provider will have specific guidelines that apply on a case-by-case basis, but sponsors may want..

Multifamily Construction Update (April 2020)

Construction-related issues begin to take hold as COVID-19 tears through the nation. Construction delays from the stay at home orders (affecting permits) and global supply-chain constraints led to the lowest 1Q20 deliveries in nearly a decade in..

Multifamily Real Estate Markets Update (April 2020)

The multifamily industry has seen some minor effects of the COVID-19 pandemic, but the performance was better than expected after rent collections. Class C properties will be hit the hardest, as well as those markets that are travel and..