With the sector facing headwinds, HNWI enthusiasm for commercial real estate has dampened and what type of investments they prefer has shifted, according to WMRE exclusive research.
Investment sales in the sector have been impacted by the same volatile forces as other commercial real estate assets, but potential long-term returns remain attractive.
A lot of pressure to move quickly on potential acquisitions has subsided amid higher interest rates and more concerns about property values holding up.
Like it did with non-traded REITs, Blackstone forged a path by launching a large business development company. Other sponsors are following suit.
But the higher cost of capital and sellers holding on to 2022 prices is preventing some potential transactions from going through.
While the private real estate markets have been slow to adapt pricing to reflect higher interest rates and a more uncertain economic climate, publicly-traded REITs offer both discounts and a historic record of outperforming during recessions. Some...
IPA’s Anya Coverman talks redemption requests, regulatory pressures and growth outlook for non-traded REITs, BDCs, interval funds and other vehicles.
Backers argue that the segment of the multifamily market is underserved and likely to generate healthy returns amid economic uncertainty.
Lenders tightened their underwriting criteria in recent months. But they have also reported a drop in demand as investors wait out the storm.
Investors now have options in both public and private markets to take stakes in American farmland.