High Tech and Energy MarketsPeaking?
As the leading gateway markets become much too pricey, more yield-deprived capital edges into other places in search of better returns. Pickings remain slim given compromised demand except in the apartment sector. Its basically the same old story. Some investors get excited about energy and high tech markets where some modicum of high paying jobs get generated. They like the Texas citiesHouston, Austin and the Dallas Fort Worth Metroplex for energy and San Francisco-San Jose, Seattle, the aforementioned Austin, Boston and the North Carolina Research Triangle for high tech.
SAN DIEGO—Berkadia’s Ernie Katai discusses the multifamily demand and fundamentals that have helped his firm achieve rapid growth and how the firm is preparing for the year ahead, in this EXCLUSIVE video interview.
PLANO, TX—The closures, planned to occur over the next few months, come on the heels of the company’s first year of profitability since 2010.
NEWPORT BEACH, CA—Over time, long-term and short-term interest rates generally correlate, though this is not always the case in the short run, CBRE’s Phil Voorhees tells GlobeSt.com in this EXCLUSIVE story about his yield-prediction contest.
SAN DIEGO—Speakers during the CMBS panel at MBA’s CREF/Multifamily Housing Convention and Expo 2017 say educating brokers and borrowers is key to a healthy CMBS future.