Sunday, December 7, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Conference Coverage

Affordable HousingConference CoverageFeaturesGeorgiaMultifamilySoutheastSoutheast Feature Archive

Multifamily Sellers Continue to Hold Out for Peak Pricing, Says InterFace Panel

by John Nelson

ATLANTA — For many multifamily professionals, 2025 is a year to forget. Paul Berry, president and chief operating officer of Mesa Capital Partners, said that U.S. multifamily investment sales are on track to close out the year at $125 billion, which represents a 25 percent decline from an average pre-COVID year and a little more than a third of 2021’s total (a torrid $354 billion). Andrew Zelman, senior vice president of Southeast investments at Boston-based GID Multifamily, said that owners are doing “everything they can to hold out for a profit.” Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. “As simplistic as this is, sellers will avoid transacting at less than peak values at any cost,” said Zelman, who added that owners are essentially kicking the can down the road by recapitalizing their assets or stopping and starting the marketing process if their pricing expectations aren’t being met. Zelman’s comments came during the opening panel on Tuesday, Dec. 2, at the 2025 InterFace Multifamily Southeast conference, which was held at the InterContinental Buckhead in Atlanta. Co-hosted …

Continue Reading
FacebookTwitterLinkedinEmail
DFW-North-Central-Texas-Industrial-Panel
Conference CoverageIndustrialMarket ReportsTexasTexas Market Reports

InterFace Panel: Manufacturing Represents Bright Spot in Overbuilt DFW Industrial Market

by Taylor Williams

By Taylor Williams Although the Dallas-Fort Worth (DFW) industrial market is, objectively speaking, currently overbuilt, the recovery and return to healthy dynamics is already taking shape. As that unfolds, manufacturing facilities are having a moment. According to CBRE’s third-quarter data, between 2021 and 2023 — the height of the post-COVID e-commerce craze that coincided with the last days of historically low interest rates — developers in DFW added nearly 130 million square feet of new industrial product. The supply boom mostly involved warehouse and distribution facilities, and absorption of new deliveries was coming along until this spring, when Liberation Day injected a staggering dose of economic uncertainty into the market. In recent weeks, leasing activity has begun to pick back up. But investors looking to deploy capital into industrial assets see more upside on deals for manufacturing facilities at the moment, whether that means buying existing plants with heavy built-in power sources or targeting distribution buildings that can support manufacturing through light conversions. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. At the annual DFW/North Central Industrial Texas conference …

Continue Reading
FacebookTwitterLinkedinEmail
InterFace-DFW-Retail-Investment-Panel
Conference CoverageMarket ReportsRetailTexasTexas Market Reports

InterFace Panel: Rent Growth Opportunities Should Bolster Future Investment Sales in DFW Retail Market

by Taylor Williams

By Taylor Williams DALLAS — As a metroplex, Dallas-Fort Worth (DFW) has the physical sprawl, population density, pace of job growth and volume of housing development to fairly be labeled as one of the biggest consumer markets in the country, on par with New York City and Los Angeles. It’s the extent to which affordability has matured in New York City and Los Angeles that marks the key difference between DFW and the coastal behemoths. Aside from rental housing, no asset class within commercial real estate captures a given market’s affordability better than retail. Retail rents in the most sought-after corridors and districts of New York City and Los Angeles seemingly have no ceiling, and that is reflected in the prices of the products and services that are dispensed from those spaces. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. It’s fair to assume that for most households that have relocated from the coasts to DFW, housing and jobs have been the most decisive factors. Yet retail spending does account for a good chunk of the average family’s disposable …

Continue Reading
FacebookTwitterLinkedinEmail
Austin-Multifamily-Design-Construction-Panel
Conference CoverageMarket ReportsMultifamilyTexasTexas Market Reports

InterFace Panel: Austin Multifamily Architects, Builders Respond to Development Cost Pressures, Sluggish Leasing

by Taylor Williams

By Taylor Williams It’s a tough time in the Austin multifamily market, and architects and general contractors (GCs) are being asked to do their part to minimize the financial distresses of their developer clients and to facilitate the work of the agencies that lease the buildings they design and build. The state capital is on the back nine — it’s tough to say which hole precisely — of an apartment building frenzy that materialized in the immediate post-COVID era. Times were starkly different then in terms of costs of capital and trended rent projections, and developers and their capital partners made hay while there was light. Project partners on developments that were delivered in the past 12 to 18 months as part of the building boom may not have felt as acutely pressured to design for efficiency. But those working on new projects today do not have that luxury and are being asked to think and design with cost savings in mind. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. One could argue that developing multifamily product with financial …

Continue Reading
FacebookTwitterLinkedinEmail
Developer-Panel-InterFace-Houston-Retail-Mixed-Use
Conference CoverageMarket ReportsMixed-UseRetailTexasTexas Market Reports

InterFace Panel: Houston Retail, Mixed-Use Developers Face All Manner of Barriers to Supply Growth

by Taylor Williams

Executing ground-up development for pure-play retail space — or retail product in mixed-use settings — in Houston is immensely challenging these days for a variety of reasons, despite the fact that the city has the underlying job and housing growth needed to justify a greater inventory of retail product. While all retail developers in Houston face similar headwinds in terms of costs of capital and construction materials/labor, as well as elevated tenant improvement (TI) costs and hefty required return thresholds from investors, it’s difficult to single out any one of those factors as most responsible for the dearth of new retail development. Some issues will be felt more acutely in some submarkets than others. Certain companies may have better connections and capital situations such that they can circumvent some of the uncontrollables. But no matter the combination of barrier-to-entry factors, the net result is the same: a market that cannot adequately supply retail product to meet demand. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. At the annual InterFace Houston Retail & Mixed-Use conference that took place on Aug. …

Continue Reading
FacebookTwitterLinkedinEmail
InterFace-Seniors-Housing-Southeast-Design-Build-Panel
Conference CoverageDevelopmentFeaturesSeniors HousingSoutheast

InterFace Panel: Seniors Housing Design Blends Hospitality, Technology for Next Generation of Residents

by Abby Cox

ATLANTA — As the demand for “age appropriate” living solutions continues to rise, seniors housing real estate is evolving rapidly. Modern developments are moving beyond the scope of previous institutional models that are stuck in the past and accelerating forward into physical environments that promote dignity, independence and community for the next generation of residents. The new wave of seniors housing residents are individuals who often have different expectations, lifestyles and needs compared to previous generations when it comes to their housing options. Whether it is a tech-savvy grandmother or a health-conscious grandfather, each generation of seniors finds aspects of life that they value more than their predecessors. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. Health and wellness is an especially important component of seniors housing developments coming on line, as today’s older adults are living longer, staying more active and placing significance on quality of life. Connie Wittich, founding principal and CEO of Metropolitan Studio, highlighted that people want to live in beautiful places that focus on mental health and wellness, specifically. “We receive a lot of …

Continue Reading
FacebookTwitterLinkedinEmail
Conference CoverageFeaturesGeorgiaSeniors HousingSoutheastSoutheast Feature Archive

InterFace Panelists Expect Imminent Spike in Demand for Seniors Housing

by John Nelson

ATLANTA — The seniors housing sector stands at a “curious” crossroads in terms of the current real estate cycle, according to Chris Guay, CEO of Vitality Living. The Brentwood, Tenn.-based company is a seniors housing owner-operator with communities located across the Southeast and Texas. Guay asserts that on one hand, seniors housing owners and operators are still healing from the supply-and-demand shocks stemming from the COVID-19 pandemic. On the other, the sector is standing on the precipice of the prophesied “silver tsunami,” a phenomenon wherein the baby boomer generation is aging into needing senior living care. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. The oldest baby boomers are now turning 80, and Guay says that even if developers met the output of the highest point of the previous cycle annually, it still wouldn’t be enough to satisfy the wave of demand coming. “The silver tsunami is actually here,” says Guay. “Right now is probably the most interesting time in the industry that I can remember.” Guay’s comments came during the “power panel” at InterFace Seniors …

Continue Reading
FacebookTwitterLinkedinEmail
InterFace-Seniors-Southeast-Data-Marketing-Panel
Conference CoverageFeaturesMultifamilySeniors Housing

InterFace Panel Explains How Data Drives Seniors Housing Sales, Marketing

by Taylor Williams

By Lynn Peisner ATLANTA — How are today’s seniors housing operators using data to drive sales and increase occupancy? This was the question posed to a panel of experts speaking at the 12th annual InterFace Seniors Housing Southeast conference, held at the InterContinental Hotel in Atlanta’s Buckhead area on Aug. 27. Data can paint a big picture, depicting the true nature of demand in a market. “We like to think of it as a novel,” said Nick Jasmon, vice president of business development for American Healthcare Management Group. “What’s happening in your buildings is the main story, and the data is the prequel.” Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. Data on length of stay, move-in/move-out patterns and acuity changes can help forecast occupancy levels more accurately. For example, Jasmon noted that data can show how move-in ages are changing over time. “We’re seeing that our independent living (IL) residents are getting older,” he said. “Some of our IL residents are in their 80s. When we talk to them about moving to assisted [living], they reply, ‘no, that’s …

Continue Reading
FacebookTwitterLinkedinEmail
InterFace-Seniors-Southeast-Capital-Markets-Panel
Conference CoverageFeaturesMultifamilySeniors Housing

Seniors Housing Lenders Welcome Return of Stability to Capital Markets After Three Years of Volatility, Says InterFace Panel

by Taylor Williams

By Matt Valley ATLANTA — In an unsettled world, the capital markets have ironically proven to be relatively stable this year. That’s helped pave the way for the rebound in financing across the seniors housing sector, lenders say. But they are quick to add that construction financing remains difficult to secure for most developers. For much of this year, the U.S. 10-year Treasury yield has fluctuated between 4.2 and 4.6 percent, a relatively narrow range compared with the high volatility experienced in the three years prior. In 2022, for example, the 10-year yield started the year at approximately 1.5 percent and reached 4.2 percent roughly 11 months later. Because a large percentage of commercial real estate loans are priced off the 10-year yield, the benchmark rate’s recent stability is significant, say lenders. And there is potentially more good news on the horizon.  Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. “The Fed has been holding steady for several months in terms of short-term rates. But it looks now — based on what Fed Chairman Jerome Powell said last week in his …

Continue Reading
FacebookTwitterLinkedinEmail
Developer-Panel-InterFace-Houston-Multifamily
Conference CoverageMarket ReportsMultifamilyTexasTexas Market Reports

Equity Gaps Represent Biggest Hurdle to New Development in Houston Multifamily Market, Says InterFace Panel

by Taylor Williams

By Taylor Williams Raising equity to get new projects to pencil out is, at the moment, immensely challenging in the Houston multifamily market. Although debt providers are showing a willingness to lend at favorable leverage ratios despite the fact that Houston has had healthy levels of new apartment deliveries in recent months, meeting the required returns that equity providers demand is challenging due to ever-increasing construction and operating costs. As a result, some projects are fizzling, even if they feature good locations or present compelling stories to capital providers. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. This finding was the consensus among a panel of five Houston multifamily owners who were asked to identify the single-biggest challenge to new development in the current environment. The panelists gave their remarks at the inaugural InterFace Houston Multifamily conference, which took place on June 17 at The Briar Club and was attended by some 200 industry professionals. Crystal Kingsbury, director of marketing and business development at Anchor Construction, served as the panel moderator. “The equity guys are really tough right now,” …

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts