This article appeared in Colorado
Real Estate Journal's Multifamily Properties Quarterly Issue in May 2021. LINKMultifamily continues to be the
darling of commercial real estate, with both debt and equity chasing a limited
number of transactions. While acquisition prices continue to set new records,
the affordability of debt allows the deals to pencil. Within the last two months, we have seen life
companies and debt funds alike aggressively compete for structured finance
opportunities in order to increase their exposure to multifamily. While in
recent weeks treasuries have started to tick up, all-in coupons remain extremely
attractive. The follo...
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This article appeared in the Colorado Real Estate Journal's Retail Properties Quarterly on February 17th, 2020 LINKRetail investor sentiment appears to be slowly improving as
recent economic projections indicate a higher probability of a V-shaped
recovery commencing in the next few months.
The cloud of uncertainty will be hanging around for some brick and
mortar retailers longer than others with omni-channel sales. However, some experts are predicting the
hardest hit tenants like restaurants and health clubs will come back quickly
when occupancy restrictions are fully lifted. Experiential retail is another
good example where rapid improvement could result fr...
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Denver, January 4, 2021 – Essex Financial Group (“Essex”)
has formed an exclusive correspondent relationship with PGIM Real Estate to source
loans intended for sale to Fannie Mae and Freddie Mac. With this relationship, Essex
will work with PGIM Real Estate’s origination team in the Rocky Mountain region
and have access to their DUS and Optigo lending platforms. PGIM Real Estate is
one of the only lenders to hold DUS and Optigo licenses that is not a bank or a
brokerage company and is one of the top agency lending platforms in the country.
In 2019, PGIM Real Estate originated $2.1 billion on behalf of Freddie Mac and
$5.0 billion on behalf of Fannie Mae, making the fir...
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As the presidential election appears to be concluded, commercial
real estate investors are now strategizing for the future impacts of new
taxation policies under a different administration. It is worth prefacing this
article with the fact that these changes / proposals are all preliminary at
this point, as there are many factors that will ultimately determine whether or
not these become a reality. That being said, it can greatly benefit investors
to be proactive in re-evaluating their investment strategies under increased
taxation policies.There are three primary proposed changes to the tax law that
would affect CRE investors:Raising capital gains from 20% to ordinary...
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