Analyzing the apartment market requires an examination of both supply and demand dynamics, with the anticipation of increased demand in our forecast period, particularly in Sun Belt markets.
16
Jun
08
Jun
To say a property falls “below replacement cost” refers to the idea that if that existing property were built from scratch today, it would be more expensive to develop given significantly higher construction costs, including land, building materials, labor, and permitting. Therefore, when acquiring a commercial property at a significant discount to replacement cost, investors can potentially be afforded a safety margin and a competitive edge, all else being equal.
05
Jun
Remote work is having an outsized impact on office real estate, bringing down rents and occupancy across most markets, according to Green Street Advisors – a decline which is expected to continue into the foreseeable future.
05
May
During economic slowdowns and rising interest rate environments, commercial real estate (CRE) investors tend to refocus attention on distressed real estate opportunities, believing that such opportunities can offer more attractive pricing and the potential for higher returns.
04
May
The equity multiple is a metric central to real estate investment, as it succinctly defines how much return an investor might garner on their investment. In simple terms, “How much could I get back for every dollar I invest?”
20
Apr
Last week, the Bureau of Labor Statistics reported 236,000 jobs added to U.S. payrolls in March, which, while lower than economists had expected, is still indicative of the resilience of the labor market.
17
Apr
When considering what types of investment to add to a portfolio, different investors will have different tolerance levels for risk. While some might be willing to take additional risks in order to possibly garner a higher net return (value-add), others prefer a real estate risk profile on the lower end of the scale (core) and others might want something in between (core plus).
09
Mar
The shifting landscape of housing in America has far-reaching implications for commercial real estate (CRE), and very direct impacts on multifamily real estate. This piece provides a brief history of how we got to the current housing situation, and lays out the ongoing consequences for multifamily.
18
Jan
In this piece, we will touch on why a recession could occur this year and parse some historical data demonstrating the performance of multifamily real estate in times of economic uncertainty.
04
Nov
As of 2019, most state pension funds had at least 65% of their assets in stocks and alternative investments such as private equity and real estate, again according to Pew.