PARK CITY, UT—The disruption of 2020 is still being felt across the industry, for better or worse depending on the sector. Meaning the market environment for, say, office is world's away from what is happening in the logistics industry. To understand what is driving transaction activity, panelists at the GlobeSt. ELITE Women of Influence conference gathered here in Park City, UT to dissect the current landscape, which has been characterized by high liquidity and steady property values.
Most investors are really reshaping their investment strategy to be the winning bid, noted Kristen Croxton, SVP of originations at Capital One Multifamily Finance. She explained that many of her clients are seeking new markets and trying to chase yield. "Places like Reno, Tucson, Colorado Springs and Albuquerque are now on the radar as investors continue to spread out."
At Guggenheim Investments, the ecommerce boom has driven a lot of recent activity and that is a trend that will continue to magnify, according to the firm. Jennifer Marler, head of real estate at the firm, noted that the surge in e-commerce activity and focus on the supply chain has driven many new investments for the firm over the last 12 months but has also put many strains on the supply chain.
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