Multifamily market signals, survey shows improvement in small biz gloom, Colony Capital bails out on hotels, how to handle pesky tenants, and the return of the cubicle.
In Today’s News
Berkadia: 3 Numbers Signal the Future of Multifamily Real Estate
This blog post by the Berkshire Hathaway (NYSE: BRK-B) brokerage and services outfit says to watch multifamily sales volume, rent payments made, and consumer confidence scores. They paint a somewhat promising picture.
Why it matters: The Berkadia research shows that multifamily deals comprised the largest share (40%) of CRE deals in August, reflecting that segment’s resilience, and that while investment sales activity has declined during the pandemic, “there is little data to support the narrative that we will see a trend of investors fleeing primary and coastal markets.”
Small Firms Now Somewhat Less Apocalyptic About the Pandemic
Sixty percent of business owners said they will be able to remain