There is an expectation that apartment rents, especially on garden-style developments, will continue rising, according to CP Capital’s Paul Doocy.
Positive property fundamentals at mixed-use developments are attracting investors of all types.
Rapid rent increases are helping offset increasing debt costs, keeping the sector in favor among buyers.
The current renewal rate at Equity Residential’s NYC buildings is around 60 percent, down five percentage points from the beginning of the year.
The past year was a record year for land sales volume and price appreciation in many markets, according to Cushman & Wakefield.
Budget constraints for affordable housing has limited the prospects for incorporating sustainability into these projects. That is changing.
The survey shows U.S. CRE continues to be an attractive target for global investors. But they are switching up their strategies in response to post-pandemic trends.
Company CEO Dwight Dunton talks about risk management, UPREIT structure and focusing on high-net-worth investors.