Tyler Johnson

Checkout our most recent survey of commercial real estate leaders to find out what they see as the challenges and opportunities for the upcoming 12 months.

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Is the national multifamily market turning? Blackstone thinks so. According to the story linked below from the Wall Street Journal, Blackstone just spent $10 billion to buy AIR Communities, which owns 76 projects in coastal American markets, including Los Angeles. The story quotes its president saying Blackstone is “not waiting for the all-clear sign and believe[s] the best investments are made during times of uncertainty.”   Especially when it comes to Southern California, where tenant demand is extraordinarily high, we are telling our clients the same. Check out the article. #realestate #realestateinvestor #realestateinvesting #multifamily https://lnkd.in/e5uP2gfY

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Developers Tap Municipalities in Attempt To Address Housing’s ‘Missing Middle’: The Markson, a 330-unit apartment complex in Austin, Texas, is part of a new wave of multifamily developments aimed at middle-income earners. Developed through a partnership between NRP Group and the Housing Authority of the City of Austin, it offers affordable rents targeting essential workers like first responders and teachers. Across the United States local municipalities and housing authorities will be "focusing on what we would call the missing middle, true workforce housing,” John Drachman of Waterford Property Co said. “That really targets people who make too much to qualify for traditional affordable housing but are having a harder time paying for market rate housing.” Public-private collaborations, supported by incentives such as tax abatements, are becoming more prevalent, providing viable options for middle-income renters while benefiting developers and elected officials alike. The Markson's name honors Dan Markson, a key figure in NRP's history dedicated to delivering affordable housing options for essential workers. For More: https://lnkd.in/gb9Adrfj

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Good update on CRE economics on last week's Inside Economics podcast. Three takeaways for me are that we should all: 1. still be in industrial; 2. be all in on datacenters; and 3. invest in energy resources (microgrids anyone?) Great insights from Rebecca Rockey w/ Cushman & Wakefield, Mark Zandi, Marisa DiNatale, and Cristian deRitis who are all with Moody's Analytics Knowledge Services. I highly recommend this podcast in general if you're in CRE and are at all interested in the economics side of things. #creeconomics #insideeconomics Moody's Analytics CRE Moody's Analytics CRE Solutions

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Apartment sales have seen a significant downturn, falling 25% year-over-year to $20.6 billion in Q1, amidst fluctuating market dynamics. With cap rates on the rise and major deals influencing future forecasts, it's crucial to understand the implications for investors, lenders, and property managers. Let's explore the challenges and opportunities in the current landscape together. #RealEstateInvestment #ApartmentMarket #LegalInsight" https://lnkd.in/dHApj9dR

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Despite high hopes for a rebound, the first quarter of this year saw a continued decline in CRE transaction volume. What's more striking is that this decline is evident even when measured in terms of space, rather than dollars, transacted. Senior CRE Economist @XanderSnyder examines this decline in volume and what may spark a recovery. #cre #realestateinvesting

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SRS' Matthew Mousavi, MBA recently spoke with PERE News about the state of the retail net lease market and the driving forces behind the slowdown of deal volume across all net lease asset types. "Occupancy rates are healthy, but the valuations are out of whack," says Mousavi. "Because we don't have a lot of distress, you don't see valuations going down, even though rates have gone up considerably. The market is inefficient now because it's frozen." Click the article to read more about the state of the retail net lease market ➡️ https://lnkd.in/gaxqvmCS #RetailInvestor #NNN #InvestmentSales #SRSCapitalMarkets #CapitalMarkets 

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Larger law firms in the market remain focused on space efficiency, as 79% of active requirements with a current footprint of 100,000+ s.f. are seeking space reductions (by an average of 31%). In contrast, smaller firms show a mixed trend with as many looking to expand as ones looking to contract. Download full report for more insights into law firm leasing trends in major U.S. markets: https://lnkd.in/eTuZYUBR

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The combination of higher interest rates and decreased demand for office space has put commercial property owners in a tough spot. But lenders also face significant headwinds, as many are overexposed to commercial real estate and have money out on properties that no longer support the debt. How this plays out on a macro scale is anyone's guess. But how any individual situation turns out is often dependent on how creative and aggressive your counsel can be – either on the borrower or the lender side. My objective is thus always to swiftly and aggressively exercise remedies for lenders, and look for escape hatches and opportunities to punch back for borrowers.

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Sun Belt Markets to Watch: The Sun Belt ☀️continues to be a hotspot for commercial real estate investment. Lower taxes📉, fewer regulations, and a growing workforce make cities like Austin, Dallas, and Miami highly attractive. These regions are poised for continued growth due to ongoing migration trends🧑‍🤝‍🧑. However, investors should also consider the rising risks from climate change, which could impact long-term prospects🌊. Dive deeper into these trends here: https://lnkd.in/gppA__9i #CRE #SVN #CCIM #svnimbrie #CommercialRealEstate #RealEstateInvestment #RetailInvestment #InvestmentAnalysis #RealEstateTrends #MarketInsights #RealEstateTechnology #RetailTrends #InvestmentOpportunities #RealEstateMarket #StrategicPlanning #RealEstateStrategy

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Interesting (and encouraging) perspective from the leaders of one of the biggest (if not biggest) global real estate investors….

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JLL Clean Energy & Infrastructure Advisory experts Kristy David and Robert Anderson spoke with Independent Banker about the need for private financing alongside public funding to modernize U.S. infrastructure. Read more at the link. #Infrastructure #InfrastructureSpending #InfrastructureFunding

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Highlights from our 2024 Real Estate State of the Market Survey reveal the most attractive asset classes and favored locations, according to CRE leaders. Read more in Commercial Property Executive. #CRE #realestate #commercialrealestate

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Law Firms are at the forefront of office leasing trends today! I have supported several prominent firms in this area, including Miller Barondess, Cooley, Kasowitz Benson Torres, Blank Rome, Pryor Cashman, and more. Our focus is on driving per-partner profitability. Interested in learning more? Feel free to DM me for further insights or complimentary information. #LawFirms #OfficeLeasing #Profitability

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JLL Clean Energy & Infrastructure Advisory experts Kristy David and Robert Anderson spoke with Independent Banker about the need for private financing alongside public funding to modernize U.S. infrastructure. Read more at the link. #Infrastructure #InfrastructureSpending #InfrastructureFunding

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