Terrell Gates, CEO of Virtus Real Estate Capital, continues to stick to a “cycle-resilient” strategy that zeroes in on seniors housing, medical office and workforce housing.

The survey, based on more than 500 responses, found that companies using flex space felt agility was the greatest value, allowing them to assign employees to a space on short notice.

According to the ratings agencies, the gap between their estimated cap rates on conduit loans and those being underwritten by the market is growing.

“Occupancy is hovering around 95 percent, and that’s a healthy rate, especially with lots of product moving through initial lease-up,” says Greg Willett, chief economist with RealPage Inc.

Foreign capital is following the broader market shift that has investors allocating more capital to commercial real estate debt.

As a percentage of rentable area under construction, speculative office development this year is at the highest percentage CoStar has seen over 13 years.

Property managers offered free rent to attract residents at roughly one-third (30.0 percent to 35.0 percent) of apartments in cities including Las Vegas, San Antonio and New York.

Despite this sector’s exemplary performance, it has become increasingly difficult for developers to secure construction loans from banks.