Resources
Resources
Hard Preferred Equity or Soft Preferred Equity?
Though there is not an “official” definition for the structures sometimes referred to as “hard” or “soft” preferred equity, there are characteristics that agencies tend
Multifamily Construction Update (August 2020)
COVID-19 continues to cause delays across the multifamily construction industry. Still, as the economy opens up, signs of life are appearing across new proposals, permits,
Multifamily Real Estate Markets Update (August 2020)
Transaction volume is expected to significantly decrease compared to 2019, and declining rent growth and income growth will hit the coastal markets the hardest. Nationwide,
Multifamily Capital Markets Update (August 2020)
The 10-year Treasury Yield has remained stable keeping in a range of around .60% -.75%. Debt capital is available from the agencies but with reserves.
Commercial Real Estate Markets Update (July 2020)
The methodical growth of the national office market from 2010 through early 2020 has halted, as the United States remains the epicenter of the COVID-19
Bridge Preferred Equity – When is it Appropriate?
Sponsors are familiar with using preferred equity alongside a long-term mortgage loan, typically with a term of 5-12 years. What they may not have considered,