Apartment Capital and Realty Advisors
I recently came across some news that I want to share with you. According to Preqin Ltd, there is over $205 billion available for investment in commercial real estate (CRE) in the United States. However, the Wall Street Journal predicts that we may need to wait another six to twelve months for property values to hit their lowest point.
Unlike the 2008 Global Financial Crisis (GFC), where prices dropped across the board, this time things are different. Certain types of properties are getting cheaper and faster. For instance, multifamily properties experienced a 14% drop in value in the year ending in June 2023. This happened after a 25% increase in the previous year, according to CoStar data.
The "dry powder fund" is available for CRE investment and includes both equity and debt for apartment sponsors, investors, and merchant builders who need to refinance construction loans. Our team has secured rescue capital from various sources, ranging from private equity to family offices, foreign funds, and institutional preferred equity. These diverse capital sources serve as a financial safety net for our clients. Our main goal is to provide dependable solutions that effectively ease the financial burden on our clients. If you are interested in learning more, please give us a call to discuss.
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1 个月Great share, Sonny!