Modular housing fails to scale. Will policy reforms alter that?
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
Modular construction has failed to gain market share despite high-profile initiatives. Will federal policy reforms catalyze business mojo?
External link. Real Estate Trail does not republish source content.
More from the wire
Office vacancy rate keeps climbing despite construction slowdown
Ares Closes Fifth Japan Logistics Real Estate Development Fund at ¥612 Billion (US$4 Billion), Hitting Hard Cap
'Been a long time coming'; New grocery store set to open at Shawnee's rebuilt Westbrooke Shopping Center
Brazil-based manufacturer setting up North Jacksonville distribution center
Simone Development Leases Up Mount Vernon Warehouse
Simone Development Companies has signed two new leases totaling 36,000 square feet at its Mount Vernon, NY industrial center, marking the full lease-up of the two-story, 63,445-square-foot property. Located at 560 Sou…
CedarSt Lands $80M for San Diego Multifamily Project
CedarSt Companies has secured $80 million in construction financing for a 197-unit apartment development in San Diego’s North Park neighborhood. CrossHarbor Capital Partners provided the three-year, floating-rate stre…