GlobeSt Insiders Podcast Series GlobeSt

Last year, the debt markets were defined by increased interest rates and limited capital availability—but it seems the tide is changing. In 2024, multifamily investors can look forward to an improvement in interest rates, particularly in the second half of the year, and increased liquidity, according to Hilary Provinse, EVP - Production and Capital Markets at Berkadia.
In this latest episode of the Thought Leadership podcast series, you’ll hear Provinse describe:
What she expects in the multifamily debt market this year; How interest rates, capital availability and appetite for multifamily product will look for 2024; and Who will be the biggest sources of liquidity in the sector.

With an excess of underutilized office buildings and demand for housing, many believe the path to addressing both problems can come with repositioning commercial space into residential. According to Marc Kotler, president of the New Development Group at FirstService Residential New York, not all projects are the same.
 
Kotler spoke with Kelsi Maree Borland in this episode of the 2023 Multifamily Visions podcast series about some of the difficulties and opportunities available in this real estate space.
 
You’ll also hear:
n  How a live-work-play community remains important for multifamily,
n  Which amenities are key in the current environment; and
n  What’s ahead for multifamily ground up construction. 

Affordable housing stakeholders are facing severe challenges financing deals, both for new construction and preservation. High interest rates have increased the return requirements for equity investors and significantly increased the cost of debt.
It’s one challenge of many for affordable housing projects, say Stacie Nekus and Kyle Kolesar from KeyBank’s Community Development Lending and Investment Team, who note that the bank has helped its partners remain resilient in finding viable solutions for borrowers.
In this episode of the Thought Leadership podcast series, you’ll hear:
How construction costs have made it difficult to underwrite new deals; What other cash-flow constraints are making affordable housing more difficult; and Why creative financing solutions may be the solution to relieve some of the roadblocks.

Economic headwinds and narrow margins are pushing industrial investment capital into secondary and tertiary cities, if they’re investing at all. 
Today, industrial investors are navigating through difficult market conditions. For many, this is the first time that the e-commerce-driven industrial segment has faced economic headwinds and required a more conservative strategy.
Christopher Galiano, managing director-principal at NAI DiLeo-Bram, discusses these changing market dynamics, and how they’re impacting investment this year.
In this podcast, you’ll hear:
●      Which factors are shaping the industrial landscape today;
●      What rising opportunities and attractive yields mean in secondary and tertiary markets; and
●      Why investment market is frozen, and what it will take to unthaw.