Small-Balance Multifamily: Sizable and Resilient

While new-builds and top-of-the-line, large-scale developments typically attract the most buzz in the multifamily world, the vast majority of apartment properties in the United States have fewer than 100 units. These smaller properties play a vital role in delivering affordable and workforce rental housing inventory to the U.S. population. While the commercial real estate industry may refer to this sector of the multifamily market as “small,” make no mistake, “small” multifamily is not …

September 30, 2021Acquisitions, Content Partner, Features, Leasing Activity, Loans, Midwest, Multifamily, Northeast, Southeast, Texas, Walker & Dunlop, Western

Manufactured Housing Communities Garner Investor Interest

Interest in affordable paths to homeownership and the growing popularity of lower density living are raising the profile of the manufactured housing option among American households and investors. At the same time, the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are making concerted efforts to better serve this historically underfinanced market at both the individual homeowner and community levels.The combination of robust cash flow growth …

September 22, 2021Affordable Housing, Content Partner, Features, Lument, Midwest, Multifamily, Northeast, Southeast, Texas, Video, Western

Multifamily Outlook: Growth Undiminished by Pandemic-Related Disruptions

The Roaring '20s and the Great Wealth Transfer The United States is well on a path of recovery from the COVID-19 pandemic shutdown that began in March 2020. More than 60 percent of the U.S. population has now received at least one dose of the vaccine, and more than half are fully vaccinated. Those figures increase significantly by age, particularly for the 65+ population[1]. The economy is booming this year — it is estimated to have grown by 7.8 percent[2] in the second quarter following 6.4 …

August 23, 2021Content Partner, Features, Leasing Activity, Midwest, Multifamily, Northeast, Southeast, Texas, Walker & Dunlop, Western

Walker & Dunlop: Excess Capital Makes for Competitive Lending Environment

The third quarter of 2020 was the beginning of a significant rebound for capital markets in commercial real estate. After banks and other lenders slowed their activity during the pandemic, lenders and equity investors regained their momentum — particularly in multifamily and industrial — a trend that has continued through the third quarter of 2021. It’s a good time to be a borrower, explains Mark Strauss, managing director of capital markets, and Rob Quarton, senior director of capital …

August 11, 2021Content Partner, Features, Industrial, Loans, Midwest, Multifamily, Northeast, Southeast, Texas, Walker & Dunlop, Western

Data Center Development Download: What Makes a Great Site?

As more aspects of our lives become digital, the need for data centers is increasing exponentially. COVID fast-tracked the upsurge in data center demand, as businesses worldwide transferred communications and operations to digital platforms — but the need for data centers is permanent.“With an increase in devices needing to connect to each other and the Internet of Things (IOT), the amount of data needed to do this will always be growing, furthering the demand for additional space …

August 10, 2021Bohler, Content Partner, Data Centers, Development, Features, Industrial, Midwest, Northeast, Southeast, Texas, Western

Growing Southern California Industrial Demand Creates Shifts in Strategy, Outlook

Industrial real estate in Southern California has become what one might conservatively call a “fast-paced atmosphere.” The presence of multiple offers, sellers pushing up values and buyers continuing to chase deals have made for constantly increasing values and activity. Christopher J. Destino, SIOR, principal at Lee & Associates, spoke to REBusinessOnline about making strategic decisions in this unusual environment. REBusiness: What is the forecast for demand in industrial properties …

August 5, 2021Acquisitions, California, Content Partner, Development, Features, Industrial, Lee & Associates, Loans, Western, Western Feature Archive

From Hype to Hyperscalers: NAI Global Discusses Trends for Data Centers

Data centers have exploded in importance over the last year and a half. Kevin Goeller, principal, NAI KLNB, has over 21 years of experience in the field of data center development, sales and leasing, but says that, lately, exponential change is driving demand in this asset class. He spoke to REBusinessOnline about the booming need and limiting factors for data centers. REBusiness: Tell us about the sudden, increased demand for data centers. What amount of this demand is due to the pandemic …

July 8, 2021Acquisitions, Content Partner, Data Centers, Development, Features, Industrial, Midwest, NAI, Northeast, Southeast, Texas, Western

Re-Evaluating Valuations: One Year Later

Four months into the pandemic, Meghan Czechowski, valuation lead for Apprise by Walker & Dunlop and managing director of the Midwest Region, advised multifamily appraisers not to jump to conclusions about the long-term impacts of the pandemic. “We did advise caution, and it ended up playing exactly the way we thought it would: results differed market by market and asset by asset. That’s how we approach valuation at Apprise to start with, and that approach is how most of the appraisal …

July 6, 2021Content Partner, Features, Leasing Activity, Midwest, Multifamily, Northeast, Southeast, Texas, Walker & Dunlop, Western

Multifamily Sector Sees Positive Indicators from Healthy Midwest Economy

Focus on the Midwest Amid a global pandemic and its economic repercussions, the American Midwest has remained a place of comparative stability — and opportunity.Wide-open spaces and lower costs of living attract businesses and workers alike. Warehouses, distribution centers and transportation corridors bustle thanks to shifting supply chains and surges in deliveries. Educated workforces and leading universities and research centers nourish hubs in tech and life sciences. In short, …

June 1, 2021Content Partner, Development, Features, Illinois, Industrial, Midwest, Multifamily, Ohio, Walker & Dunlop, Wisconsin

California’s Population Exodus Arrives in Idaho

There has been much anecdotal discussion lately of Californians fleeing high-cost, high-density, high-traffic living for greener pastures, especially as COVID-19 made working from home a possibility for California’s high-tech workforce. This trend is not just a rumor for the residents of Idaho. Idaho is the second-fastest growing state in the nation[1], and Californians make up nearly 46 percent[2] of a new population influx that the state has experienced over the past five years.What is …

May 25, 2021California, Content Partner, Development, Features, Idaho, Lee & Associates, Western