GlobeSt Insiders Podcast Series

Hotel Properties Are Joining the EV Revolution

Looking Up: Optimism Greets Multifamily Investors for 2024

Last year, the debt markets were defined by increased interest rates and limited capital availability—but it seems the tide is changing. In 2024, multifamily investors can look forward to an improvement in interest rates, particularly in the second half of the year, and increased liquidity, according to Hilary Provinse, EVP - Production and Capital Markets at Berkadia. In this latest episode of the Thought Leadership podcast series, you’ll hear Provinse describe: What she expects in the m...

Can Commercial Conversions and Redevelopment Help Solve the Housing Crunch?

With an excess of underutilized office buildings and demand for housing, many believe the path to addressing both problems can come with repositioning commercial space into residential. According to Marc Kotler, president of the New Development Group at FirstService Residential New York, not all projects are the same.   Kotler spoke with Kelsi Maree Borland in this episode of the 2023 Multifamily Visions podcast series about some of the difficulties and opportunities available in this re...

Why Affordable Housing Needs Creative Funding Solutions

Affordable housing stakeholders are facing severe challenges financing deals, both for new construction and preservation. High interest rates have increased the return requirements for equity investors and significantly increased the cost of debt. It’s one challenge of many for affordable housing projects, say Stacie Nekus and Kyle Kolesar from KeyBank’s Community Development Lending and Investment Team, who note that the bank has helped its partners remain resilient in finding viable solu...

What to Consider When Installing EV Chargers

Industrial Investors Are Chasing Yield in Secondary Markets

Economic headwinds and narrow margins are pushing industrial investment capital into secondary and tertiary cities, if they’re investing at all.  Today, industrial investors are navigating through difficult market conditions. For many, this is the first time that the e-commerce-driven industrial segment has faced economic headwinds and required a more conservative strategy. Christopher Galiano, managing director-principal at NAI DiLeo-Bram, discusses these changing market dynamics, an...

Why the Slowdown Is the Time to Invest in Future Growth

Market downturn pressures hit commercial brokerages hard: from reduced deals and revenue drops to job cuts. . SVN International, however, views the market slowdown as a time for the opportunity to invest internally and retool for the upswing. In the latest episode of Thought Leadership podcast series, SVN International’s new leadership—CEO Xavier Mufraggi and president Tim Spillane—talk about the value of real estate advisors and how SVN is reinvesting in its business in spite of the marke...

In a Crisis, Client Services Are Winning Deals

The combination of a regional banking crisis and rising interest rates has offered investors plenty of reason to lie awake at night—but KeyBank has a strategy to quelle those anxieties. In this episode of GlobeSt.’s Thought Leadership podcast series, Al Beaumariage, SVP and affordable housing program manager at KeyBank, and Cathy Danigelis, Western Region manager at KeyBank, discuss how minding the basics is helping clients to reach their business objectives. You’ll also hear: Why tradi...

High Interest Rates Test Multifamily Resiliency

Multifamily investors took a pause at the end of 2022 after a turbulent year with seven staggering consecutive interest rate increases. Although demand dynamics remain positive, multifamily investors have had to quickly adjust to the higher cost of capital, which has driven a wide buyer-seller gap. Arthur Milston, senior managing director at NAI Global Capital Markets, and John Rutherford, SVP of investment sales at NAI Hallmark, join this episode in the Thought Leadership podcast series t...

Single-Family Rentals Are Filling an Important Void in the Market

The single-family housing rental (SFR) market quickly became a commercial real estate investment darling over the last few years. And as housing costs increased more than 13% last year, and mortgage rates are now keeping more potential buyers in rentals, demand from growing millennial families looking for spacious homes in quality neighborhoods is feeding the attention. But with the added attention has come some misconceptions as well, among them whether the investors are big Wall Str...

How Multifamily Investors Should Evaluate Climate Risk

With a threefold rise in natural disasters, weighing the increasing threat is becoming a necessary component to protecting an asset portfolio. Today, natural disasters occur three times more often than they did 50 years ago. The ubiquity of severe weather-related events has highlighted the urgency for multifamily investors to assess climate risk as part of standard due diligence when purchasing an asset or managing a portfolio. In this episode of the Multifamily Visions series, Joe Di...

Interest Rate Hikes Spell New Challenges for Affordable Housing Investors

This year, the Federal Reserve has increased interest rates six times, and it has signaled that more rate hikes are on the horizon. The higher cost of capital is sure to put a damper on affordable housing investment, just as the market was gaining momentum and investor interest. In this episode of GlobeSt.com’s Thought Leadership podcast series, Robert Likes, the president of the national affordable housing platform at KeyBank, uncovers how higher interest rates, along with other economic ...

How Appraisal Experts Are Navigating Choppy Waters in Multifamily

In the last 12 months, multifamily investors have been plucking up opportunities far and wide, driving a historic surge in deal volume. The transaction activity has put pressure on valuation experts to keep up with unyielding demand. Meghan Czechowski, SVP and the head of Apprise by Walker & Dunlop, says the activity is extending appraisal timelines from two to three weeks to four to six weeks. But through innovation, companies like Walker & Dunlop are carving a path forward. In this episo...

Striking the Balance Between Transaction Time and Due Diligence

With the right advisory team, multifamily investors can have it all: a swift transaction timeline and risk mitigation.  Multifamily transactions in 2022 are a great balancing act. With sector volumes up 54% and sales volumes totaling $381 billion in the third quarter alone, it’s made some investors offer expedited transaction timelines and limited contingency periods in an effort to secure the bid. But it also narrows the window to conduct proper due diligence, markedly increasing the ris...

Fiber is the Key to Future-Proofing Adaptive Reuse Apartment Projects

The Steadfast Allure of Build-to-Rent Property

In the last few years, built-to-rent has become one of the most desirable property types in commercial real estate, with significant new entry into the market and some $40 billion of capital primed to support new development over the next 18 months. Despite the increased competition, investor fervor has not waned. Rather, industry players remain bullish on the housing niche with a positive outlook for continued growth and rising demand, and they continue to aggressively pursue opportu...

CRE Investment Activity Is Already Rebounding from Interest Rate Hikes

The Industrial Sector Is Flourishing in Every Corner of the US

What a New Face Means for KeyBank’s Affordable Platform

Affordable housing expert Celia Smoot discusses her move to KeyBank and the future of affordable housing in this podcast episode. In 2021, KeyBank was the second largest affordable housing lender in the nation, providing a variety of financing solutions to affordable owners and developers with projects in all 50 states. Their secret? A carefully curated team of industry experts intent on moving the needle forward on the nationwide housing crisis. KeyBank’s latest addition is a quintessen...

Workplace Access Control and Employee Experience Go Hand in Hand

COVID has forced the issue on digital transformation in the workplace. Steve Van Till, Founder and CEO of Brivo, explains how cloud-based security tools help enable that transformation. When the world changed in 2020, the workplace changed with it – to an age of remote and hybrid work arrangements and flexible working schedules. Security and accessibility while also drawing insights became paramount, and cloud-based tools like access control and workspace management solutions developed int...

How This Brokerage Firm Sustained Growth Through the Pandemic

Why Customer Experience Is A Must Focus for Multifamily

Why Developers Should Embrace “Housing as a Human Right”

Why Liberty SBF Found a Sweet Spot in Middle Market Assets

Is the Time Right for Office-as-a-Service?

Confidence Returns to Multifamily Investment

Sometimes the Best Projects Aren’t the Ones You Buy, But Those You Develop

Affordable Housing Developers Need Customizable Solutions

KeyBank Real Estate Capital experts Al Beaumariage and Tori O’Brien share their top tips for getting affordable housing deals to the finish line. Affordable housing has never been an easy asset class to develop. With rent restrictions inherently built into the business plan, these deals can be difficult to pencil alongside soaring construction costs and land prices. Despite the challenges, there is record demand for affordable housing, and more and more developers are meeting the challenge...

How Hotel Players Are Still Securing Capital

What Investors Should Know About Healthcare Net Lease

Healthcare net lease is having a moment. The formerly niche asset type has seen newfound interest that extends beyond the pandemic, as new investors of all types look for new and stable assets to achieve passive income. They’re also finding that the sector extends far beyond urgent care centers into a web of products that come with their own set of considerations. GlobeSt.com spoke with Stan Johnson Company’s Senior Director Toby Scrivner and Director Colin Cornell for this exclusive podca...

How Pintar Investment Company Adds to its Strengths in Single-Family Rental and Opportunity Zones

The Southern California-based fund manager talks about its core investment segments, Austin, opportunity zones and single-family rental housing in this exclusive podcast   Southern California-based fund manager Pintar Investment Co. is not only surviving the pandemic; but making headway on its niche investment strategy. The dynamics of the pandemic have underscored the firm’s focus on single-family rental, emerging markets and opportunity zones.     Last month, Pintar Investment ente...

In-Unit Apartment Technology Isn’t Just for Class-A Anymore

Salto’s Colin DePree says the pandemic has fueled the adoption of apartment technologies, like electronic access systems, in class-B and class-C buildings. Electronic access control manufacturer Salto has seen an increase in demand since the start of the pandemic. Apartment owners are flocking to new technologies to help boost health and wellness and to propel and expand sustainability efforts. Electronic access control systems are an easy fit because they offer keyless entry into units...

Secondary Markets Outperform Major Metros During Pandemic

Apartments in gateway cities are less popular with renters, while secondary markets see stable or improving rents, Chris Nebenzahl of Yardi tells GlobeSt.com The apartment sector has been challenged regionally during the pandemic, with many metros facing significant decreases in rental rates and demand. Secondary markets, however, have been a bright spot for apartment owners. These markets have outperformed major metros, boasting stable and even improving rents, according to data from Yard...

Solving the Design Challenges of Working From Home

In this exclusive podcast, Kevin Nice of EBI Consulting does a deep dive into the successful work-from-home environment. Spoiler Alert: There are three essential elements to making work from home work. The idea of working from home isn’t new. But, as you’ve probably noticed by now, the concept has gained new steam in this age of quarantines. Kevin Nice, senior program manager at EBI Consulting in Burlington, MA, brings his more than two decades of architecture and engineering experience...

Three Elements to Make Multifamily Work-From-Home Friendly

In this exclusive podcast, Kevin Nice of EBI Consulting does a deep dive into the successful work-from-home environment. Spoiler Alert: There are three essential elements to making work from home work. The idea of working from home isn’t new. But, as you’ve probably noticed by now, the concept has gained new steam in this age of quarantines. Kevin Nice, senior program manager at EBI Consulting in Burlington, MA, brings his more than two decades of architecture and engineering experience...

Excerpts From Reopening the Office: How to Safely Return

Highlights from the September 24 webcast “Preparing for the New Normal in Insurance Onboarding.” This event was a panel discussion moderated by GlobeSt.com’s Kelsi Maree Borland and featured Jay Olshonsky, President and CEO of NAI Global; Mike Myers, Southern California Regional President for McCarthy Building Companies; Greg Lyon, Owner, Principal, and Chairman of the Board of Directors at Nadel Architects; Tessie Nolan, Senior Director, Property Experience Team for Granite Properties; and ...

Multifamily Investors Ride COVID’s Storm on Strong Fundamentals

COVID-19 changed the multifamily investment landscape. But as NorthMarq’s Trevor Koskovich explains, not in ways most people would expect. We’ve heard it pretty regularly throughout the pandemic: the two strongest real estate food groups have been industrial and multifamily. But drilling down into the latter space, we find some interestingly nuanced dynamics, as NorthMarq investment sales president Trevor Koskovich attests. Even as we watched the economy tank--in just a matter of days--f...

A Global Perspective | How Retail Will Emerge from the Pandemic

The global response to COVID-19 disrupted the retail sector, with many countries implementing brick-and-mortar lockdowns in an attempt to control the outbreak. The virus’s impact on the sector was not equal, however, and how some countries and businesses have emerged can offer lessons for the US and the rest of the world as they begin re-opening. This second conversation between Anjee Solanki, national director of retail services at Colliers International, and Neil Saunders, managing ...

Post-Pandemic Shopping Realities

As many businesses prepare for reopening, it is crucial to understand how to adapt to the new retail landscape. It is important to follow the changes in consumer behavior as they could unlock opportunities for commercial real estate organizations. To better understand these changes, Anjee Solanki, national director of retail services at Colliers, talked with Neil Saunders, managing director at GlobalData Retailer. Saunders shared optimistic insights, highlighting consumers’ mood, new shoppin...

Excerpts From How Energy-Efficient Strategies Can Protect Your CRE Investment in 2020 and Beyond

Highlights from Carbon Lighthouse’s March 3 webcast “How Energy-Efficient Strategies Can Protect Your CRE Investment in 2020 and Beyond.” The event featured Matt Ganser, Executive Vice President of Engineering at Carbon Lighthouse.    Sustainability and climate change are at the forefront of every business environment today. With CRE being a major contributor to carbon emissions, the industry is set to face hard questions about what’s being done to address its carbon footprint. What if t...

Why the Future for Multifamily Will Need to Be Automated

Domuso co-founder and CEO Damian Langere talks about the future of multifamily technology in this podcast interview.   Technology is rapidly penetrating the multifamily sector. In fact, new companies and technology adoption is happening so quickly that if we could fast forward and peek into 2030, the apartment market would look and operate much different than it does today. Many of the technology companies emerging now considered disruptors in the industry, but in the near future, they w...

The Rise of Hipsturbia and Other New Demographic Patterns

Demographic changes are shaking up established cities and breathing new life into secondary markets. Demographic patterns are changing—and not just in certain markets. Both established major metros and emerging secondary markets across the country are seeing new demographic patterns, including changes in inward and outward migration, population growth and the growth of new demographic groups. The changes in demographics trends are important for developers and investors to follow, and they...

New to CRE Tech? Focus on Data Quality

  Property managers looking to adopt more technology should look at data quality first, says Knock co-founder Demetri Themelis.   Technology adoption is growing—but many property managers still lack a framework to evaluate potential technology platforms. Demetri Themelis, co-founder of Knock—a leading CRM platform  designed for the multifamily property market to improve the renter experience—says that data quality should be the prioritized when property managers begin using data.   ...

Interest Rates Won’t Impact Non-Bank Lending Market

Interest rates are falling, but the Fed’s propensity to cut rates won’t have much impact for non-bank lenders, according to Gary Bechtel of Money360.

Multifamily Still Has a Long Runway Ahead

Don’t count on the market breaking in 2020. The multifamily market has a long runway ahead, according to NorthMarq’s Trevor Koskovich. While fear of a downturn hitting next year has grown, Koskovich doesn’t see any signs of market failure, and his clients are planning to maintain a healthy appetite for multifamily next year.