While much of the sector continues to be dominated by small owners/operators, its solid property fundamentals, credit tenants and low capital expenditures are beginning to bring in institutional money.
As the amount of troubled loans mounts, real estate lenders are revisiting strategies from the Great Recession to avoid taking back the keys on some assets.
With solid property fundamentals and plenty of potential demand, both institutional and high-net-worth investors have been working with firms that specialize in BTRs.
The “denominator effect” put institutions in a position where real estate allocations exceeded target levels, but observers expect that issue has begun to resolve itself as values of other investments have recovered.
Ballast Rock Group’s Simon O’Shea shares insights on the launch of the firm's new SEC registered broker/dealer and why it felt the move was necessary.
AEW Capital Management's Michael Acton describes what he sees happening within the current real estate market and how investors could benefit.
The tightening of lending standards in recent months is also making B-pieces more attractive, market participants say.
Often positioned preferred equity, the capital is coming into play on properties that have shortfalls due to newly tightened capital markets.
