Soon after the pandemic took hold last March and economic shutdowns ensued, real estate investors began gearing up for opportunities around distressed assets. Success stories of acquisitions following the Great Recession of 2008 were abundant, fueling expectations for a repeat. Now, a year into the pandemic-induced recession, property values have not only ... READ MORE >
Real Estate
Real estate and the middle market go hand in hand. Developers in commercial, residential and industrial markets provide the economic fuel to transform local economies, building infrastructure that leads to new business and job creation.
CHART OF THE DAY: Housing market hits the brakes
Throughout the pandemic, a bright spot in the American economy has been housing, which had incredible growth as buyers looking for more space in the suburbs took advantage of historically low interest rates. Homebuilders responded, pushing starts and permits above the projected 1.5 million long-term equilibrium rate between supply and demand during the ... READ MORE >
Building the new normal in health care
As the health care industry works toward a new normal—a time of recovery and eventual re-emergence from the pandemic—providers are taking a hard look at their physical infrastructure and rethinking what they will need in the future. This rethinking has been prompted in no small part by the explosion of telemedicine during the pandemic and the ... READ MORE >
C-PACE: Government push toward greener buildings may fuel financing demand
Real estate businesses looking to move forward with their strategic plans during the downturn while preserving equity may just have another tool in their tool belt: Commercial Property Assessed Clean Energy programs, or C-PACE. C-PACE, a public-private financing option, allows commercial property owners to obtain low-cost, long-term financing for capital ... READ MORE >
CHART OF THE DAY: New home sales continue to rise
The demand for new homes continues to be high as Americans take advantage of low interest rates and flee cities in search of more room. Sales of new homes in January increased by 4.3% month over month, exceeding expectations and climbing to a seasonally adjusted annual rate of 923,000, the Commerce Department reported on Wednesday. At the same time, ... READ MORE >
Hanging on: Five ways that hotels can survive the pandemic economy
(This is the last of three articles examining how the pandemic is affecting the hospitality industry. Read the first and second.) Even the most basic financial strategist knows that there are two ways to improve a company’s bottom line — cut costs or drive revenues. In a time of Depression-like shockwaves rippling through the general economy, as happened ... READ MORE >
Hotels face a long road to recovery emerging from the pandemic
(This is the second of three articles examining how the pandemic is affecting the hospitality industry. Read the first here, about how the industry is struggling to adapt.) Even as the American economy continues to emerge from the shock of the coronavirus pandemic and economists predict strong growth this year, the forecast for the hospitality industry ... READ MORE >
Reeling from the pandemic, hospitality industry struggles to adapt
(This is the first of three articles examining how the pandemic is affecting the hospitality industry.) If there was any sign of the hospitality industry’s rapid change amid the continuing fallout from the coronavirus pandemic, look no further than the recent debut of home rental portal Airbnb in the public markets. The stock quickly traded at a healthy ... READ MORE >
CHART OF THE DAY: New home sales bounce back
New home sales bounced back to 842,000 in December, representing a 1.8% increase over the previous month, the Commerce Department reported on Thursday. The 11% month-over-month decline in November was a jarring halt to the red-hot housing market that had new home sales in excess of 949,000 from July through October. While many saw that decline as a ... READ MORE >
CHART OF THE DAY: Housing activity continues to surge
Home builders remain active as the housing market closed out last year in a strong fashion. Housing starts rose by 5.8% to an annualized rate of 1.67 million in December, ending the year as one of the strongest in a decade, the Commerce Department reported on Thursday. And housing permits, an indicator of future activity, increased as well, by 4.5% to an ... READ MORE >