insights
LP Equity Investors Market Update
At Schelin Uldricks & Co., our equity sources include both institutional and individual high-net-worth investors. On the institutional side of the market, demand for new investments is lukewarm, at best. Many institutional LP investors do not appear to be in any rush to make new investments and are very selective with the projects they fund. …
Bridge Loan Pricing & Market Update
Over the past few weeks and with the conclusion of several industry conferences to start 2025, the CRE Bridge Lending Market is garnering a lot of attention. In the various conversations we have had with lenders and market participants, it has become clear that there is plenty of capital availability and competition will ensue during…
State of the Capital Markets. Welcome to 2025.
2024 was a year to forget for most of us in the capital markets business. Rates were high, transactions were down, and nobody was buying anything. Most of the business out there was refinance business for sponsors that were out of time. Some faced a situation where they had no option to extend their current…
U.S. Hotel Industry Update + Limited-Service Segment Focus
Through Q3 2024, the overall U.S. hotel industry experienced general stability with steady growth driven by tourism resurgence, strategic development and improving economic conditions. Key performance metrics indicate national average occupancy rates of 66.8%, average daily rates increased by 1.4% year-over-year and revenue per available room grew 0.9% nationally. While new hotel development has been…
UPDATED: 2024 Election Results and How it Impacts Real Estate Investing
With the presidential race results now known and Congress results mostly known, the overall policy mandates are becoming clearer. We will focus this article on five economic topics and how they could generally affect real estate. TL;DR: The Tax Cuts and Jobs Act expires in 2025. The tax code could be different in the next…
Election 2024: Implications for Real Estate Investors & Developers
At Schelin Uldricks & Co., we interact with real estate investors daily and one of the current topics of conversation we run into is what the upcoming general election results might mean for real estate investing. While it is impossible to accurately predict election results, it is helpful to understand potential outcomes. In our view,…
Financing Modular Construction Projects
Modular construction is a method of construction that involves building a project in small “modular pods” at an offsite factory and then shipping these pods to the building site for assembly. Often, these factories are located hundreds of miles away from the actual site, and in some cases, several states away from the site. How…
CMBS Interest Rate Buydowns
The concept of an interest rate “buy down” has been around for a long time in CMBS but until recently it was rarely used. In today’s current market it is proving to be an effective tool for loan originators to help boost loan proceeds for their borrowers. In this Insights Series Post we will explore…
Texas Population Growth
We are currently working on raising joint venture equity for a manufactured housing project in the state of Texas and the transaction has revealed some very interesting statistics about what is happening in the state. Although these trends are intuitive to anyone following the news in the real estate industry, the actual numbers are pretty…
The Affordability of Manufactured Housing
We are currently working on raising equity & debt for a manufactured housing project in the southern US and we have been blown away by how much more affordable it is to traditional stick-built housing. We have also been very impressed with the quality and product offerings currently available in the industry. In this Insights…