Work Underway on West Palm Beach Apartments, Hotel
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
Editorial analysis · AI-assisted
Construction is underway on two projects adjacent to West Palm Beach’s Brightline station. Developers LD&D and IGEQ, together with capital and investment partner FrontRange Capital Partners, started work on Alid…
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