The United States, along with the rest of the world, faces a climate where COVID-19 is potentially moving from an acute pandemic to an endemic state, inflation is rising around the globe, central banks are preparing to raise interest rates and the supply-chain crisis continues. In the U.S. commercial real estate sector, some major shifts are happening as well—it’s getting harder to find multifamily and industrial deals that pencil out given the current pricing, while all types of retail assets seem to be coming back into favor. As a result, real estate investment firms are fine-tuning their strategies for 2022 and beyond.
In the following stories, we talked to five different firms about their equity raising and capital deployment strategies for the coming year to meet the market’s new challenges and opportunities.