The firm completed $600 million in construction loans nationwide, a total of 26 deals, and more than half of the volume occurred in the fourth quarter.
The vaccine distribution, low interest rates and pent-up consumer demand all create a compelling reason to expect rapid recovery for shopping centers this year.
Private equity and institutional investors were responsible for 54% of hotel investment volume last year, and they are likely to continue to drive activity in 2021.
While a new Presidential administration and ongoing pandemic are giving investor's pause, varied state and local government responses to the pandemic are the biggest uncertainty for investors this year.