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The Shifts and Surges Multifamily Developers Should Keep an Eye On
Multifamily housing developments, or any property that houses multiple residential units within a single building or complex, have recently undergone a few surprising shifts and surges as an asset class. Earlier in 2023, less-than-ideal economic conditions seemed poised to complicate strong fundamentals, creating an unclear outlook heading into the next year. However, a rise in…
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4 Commercial Real Estate Devolopment Trends Shaping Exits in 2023
Commercial real estate investment is suffering from an identity crisis. With a whiplash-inducing rise in interest rates and the possibility of a recession coming in late 2023 or early 2024, investors aren’t quite sure how to proceed. Accordingly, commercial real estate investment volumes are down 53% so far in 2023 — but not for want…
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Office Space Trends: Key 2024 Trends for Developers
The outlook for commercial office real estate as an asset class will be mixed in 2024. Overall, demand for office space is in a continued decline, with the majority of employers in urban areas continuing to downsize and vacancies keeping rents low. However, many workers have returned to office in some capacity, and demand for…
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The Three Trends Curbing CRE Ground Up Construction Starts
Gaining an accurate snapshot of the current state of ground-up construction isn’t easy in today’s market. If developers were to simply look at demand fundamentals, there’s plenty of incentive to build in most commercial real estate asset classes. Multifamily in particular is undersupplied across the country, but industrial, data centers, life science and healthcare are…
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Remote Work Has Transformed the Definition of Class A Office Space
It’s no secret that the pandemic rocked the office sector. No commercial real estate asset class has been impacted more by the global Covid-19 outbreak, which sent nearly 50 million US office workers home to work remotely. For many, remote work became a permanent change. Now, office property owners and corporate leadership are grappling with…
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Seizing the Moment: Developers’ Opportunity in Affordable Housing
Housing shortages have sent mortgage rates and rents soaring across the United States, and in 2022, the median rent-to-income ratio reached 30% for the first time in over 20 years. The lack of affordable housing development in high-demand, job-rich areas is having a ripple effect across communities, causing an increase in rates of homelessness and…
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Real Estate Investment Strategies for Every Commercial Property Rating
In today’s world, we’ve made it a habit to grade nearly everything. A young child’s arithmetic abilities, the strength of concrete and even eggs all receive letter grades. The financial markets equally rely on a grading system to rate stocks, bonds and credit quality—and commercial real estate assets follow suit, also receiving letter grades to…
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The State of Ground-Up Developments Heading into 2024
Ground-up development, or projects built on raw land or by demolishing an existing structure to build on a scraped lot, continue to be a popular pursuit among both developers and investors heading into 2024. By looking at the real estate trends of the past couple of years, from innovative construction materials, sustainable style and architectural…
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Class-B Multifamily Has the Potential to Outperform Top-Tier Properties
Multifamily has always been known as the darling of the commercial real estate market. The asset class has everything an investor could want, like relative recession protection and stable demand. People will always need a place to live, and that fact has solidified a permanent place for multifamily at the top of the commercial real…