Category Archives: Insights
March 20, 2023
Berkadia Acquires BlueSuit’s Technology Platform
NEW YORK – March 20, 2023 – Berkadia announced today the acquisition of BlueSuit’s technology platform, an AI-driven data extraction solution, specific to commercial real estate documents. As a result of the acquisition, members of BlueSuit will be joining Berkadia and reporting to Chief Technology Officer Gary Mumford. “While many of our competitors are reducing […]
Read More
March 7, 2023
BeBerkadia Spotlight Series: Ashlyn Delson
In today’s BeBerkadia Spotlight Series, we’re highlighting Ashlyn Delson, SVP of Corporate Marketing, to learn more what she loves most about her role.
Read More
March 3, 2023
Houston Multifamily Outlook: Investor Appetite Strong Despite Lack of Liquidity
Last year was one of the most active years on record for the Houston metro area – and our team certainly enjoyed it. We closed 183 multifamily sales in 2022 for a cumulative deal volume of more than $5.6 billion – a record for the Berkadia Houston office. While the steep rise in interest rates […]
Read More
February 23, 2023
Metro of the Month: Knoxville
According to RealPage, the Knoxville MSA had the highest year-over-year effective rent growth, overtaking Orlando for the second quarter consecutively. At the end of 2022, Knoxville’s effective rent increased 18.5%, outpacing its historic 17.7% growth rate in 2021. Monthly effective rent was $1,382 in the fourth quarter of 2022. Incoming residents have kept available inventory […]
Read More
February 21, 2023
2023 Outlook Powerhouse Poll: Insights and Analysis
Twice a year, we ask our investment sales advisors and mortgage bankers to share invaluable insights that will help us to guide our clients in the year ahead. Their knowledge is more crucial than ever as we continue to weather turbulent markets driven by inflationary environments and rising interest rates. The 2023 Outlook Powerhouse Poll […]
Read More
February 6, 2023
2023 U.S. ECONOMIC OUTLOOK
Berkadia is proud to share our 2023 U.S. Economic Outlook. This forecast report examines the fundamental themes of 2022, including elevated inflation, potential economic recession and geopolitical conflict, and how many of these themes will continue throughout 2023. As economic activity slows this year, the Federal Reserve’s rate hikes will continue to have an impact […]
Read More
January 31, 2023
NMHC 2023: National Trends to Watch for the Year Ahead
As we dive into the new year, we’re excited to come together for NMHC 2023 to re-convene with industry colleagues and tackle the trends impacting the multifamily industry. Macro-economic trends that influenced Commercial Real Estate (CRE) in 2022 have persisted into 2023, and we’re eager to discuss how inflationary challenges and investor uncertainty will impact […]
Read More
January 19, 2023
People Matter – And So Does Representation
We remain steadfastly committed to all of our values here at Berkadia. People Matter is one of those guiding principles and, colleague or client, we know our relationships are invaluable. Meaningfully, in an industry which has not historically been reflective of the diverse world in which it operates, Berkadia recognizes that we must ‘be the […]
Read More
January 19, 2023
Austin’s 2022 Multifamily Performance
Over the last few years, the Austin metro has experienced exponential growth. In 2022, Austin had the second fastest growing metro economy, according to Kenan Institute of Private Enterprise, along with the third-highest multifamily net-absorption nationally. Following only the New York City and Newark metropolitan areas, the Austin market had 5,174 net move-ins, according to […]
Read More
January 10, 2023
Year of Change: The Growing Single-Family Rental/Build-for-Rent Market
Over the past year, the multifamily market has experienced significant growth in its low-density product offerings. The largest demographic cohorts (Boomers and Millennials) have created a fundamental shift in housing demand. Even though rents are still on the rise nationally (albeit at a declining rate), more people are choosing to rent single-family homes and build-for-rent […]
Read More