Commentary

I see cap rates rising to an average of about 6.5% in 2022 and this will be good for CRE investors and developers.

We're having more conversations with investors who are interested in dipping their toes into the net lease waters.

Pricing has become aligned with how aggressive the private debt funds have gotten in recent months and how aggressively priced multifamily deals have become overall.

We see potential for that capital to be deployed into urban retail and food service concepts for investors willing to consider something other than a typical suburban NNN pad site.

Southwest Florida is setting the pace for a resurgence in commercial office space.

April's strongest rent increases occurred in the luxury Class A properties that had taken a pricing haircut in many cases over much of the past year.

Most pundits are pointing to a full recovery next year, but investment goals still have to be met, and individual investors still have needs to fulfill, such as retirement and estate planning.

At its weakest, US apartment resident retention got down to 51.1% in December 2020.