The December deadline is drawing increased interest from real estate investors. There are benefits to investing in opportunity zones past 2021. Check out the questions investors should ask. … READ MORE >
Scott Helberg
Biden’s $1.2 trillion infrastructure package and real estate
In the long term, the new infrastructure bill will drive GDP growth and job creation, with both boosting demand for real estate. Additionally, existing communities will improve and new communities will be created with the investment in roads, bridges and public transportation … READ MORE >
Traditional retail’s loss has been industrial’s gain
The growing reliance on contact-free e-commerce is providing new opportunities and unique challenges to the commercial real estate sector, specifically those focused on retail and industrial space. … READ MORE >
CHART OF THE DAY: Home builder optimism reaches record high
Many industries are still recuperating from the impact of the pandemic, but housing has been fortunate to experience a V-shaped recovery. Not only has the Housing Market Index from the National Association of Home Builders recovered to pre-pandemic levels, it has now matched December 1998 for an all-time high in the index’s 35-year history. … READ MORE >
12.3 million rental units at risk when federal eviction moratorium ends Friday
Local courts should be prepared for an influx of filings as the federal eviction moratorium under the CARES Act officially expires on Friday. … READ MORE >
Real estate dry powder hits record levels amid stock market volatility, rising property values
Real-estate focused private equity funds are sitting on record amounts of dry powder amid stock market volatility and rising property values. That amount reached $345.2 billion in the United States through August 2019, the highest level since research firm Preqin first began to track the data in 2000. … READ MORE >
Low treasury rate is a boost for home builders, neutral for commercial real estate
Bonds have been declining in recent weeks following a 25-basis-point rate cut from the Federal Reserve and expectations of further cuts amid rising concerns over an impending recession. Recession concerns were escalated by the inversion of the U.S. and U.K. two- and 10-year yield curves and the fall of 30-year Treasury yields to 2.07%, a record low. While this trend in the bond market will likely drive down the 30-year fixed mortgage rate and translate to more purchasing power for home buyers, it will do little to juice the market for commercial real estate. … READ MORE >