Change From Previous Week
|Rent Payment Tracker||91.5%||+2.8%|
|10 Year Treasury||0.646%||+0.043%|
|Total US Covid-19 Cases||1,046k||+142k|
|Total US Covid-19 Tests||6,066k||+1,406k|
*Metrics as of 7pm EST on Thursday, April 30.
Welcome to the first of our planned weekly update emails, featuring the most up to date market stats, our thoughts on important developments during the week, links to the most interesting articles we’re reading, and the results of our weekly sentiment survey.
We are in very uncertain times, both in the overall financial markets, as well as with the health of those we care about around us. Our goal with this newsletter is to communicate the information we are learning from countless conversations with real estate managers, lenders, investors and mentors in the real estate industry. By canvassing the marketplace, we hope to help bring some clarity to our investment space and provide for the beginnings of conversations about how we can forge a path forward during such uncertainty.
You may have noticed we’ve ramped up the production of our podcast, which continues to be an up to the minute take on the latest developments in our industry. We’ve featured nationally recognized guests, a New York Times best selling author, and some familiar voices to those that have listened from the early days of the show.
We encourage you to take a few minutes to complete the sentiment survey below – it’s a simple 4 question survey that will help us track the current state of mind, both from our investor members as well as our real estate managers. We plan to provide a weekly update as to the results with a comparison of outlooks between investors and managers.
Please send us a note with your thoughts, concerns, feedback or inspiring stories as we continue to work as a community to get through these challenging times. Together is the only way we can push forward, and we’re forever grateful to have you on this journey with us!
-Adam Hooper, CEO
Investor & Sponsor Sentiment Survey
Want to learn how fellow investors view the current market? Then click the button below to take our weekly sentiment survey.
We will share the results of the survey each week in this newsletter.
Added Bonus: Every week you complete the survey you’ll get an additional entry in a monthly drawing for a $250 Amazon Gift Card.
Latest Podcast Episodes
David Pascale of George Smith Partners joined us on the podcast to provide an updated look at the market.
Carl Whitaker of RealPage joined us on the podcast to provide an update on the multifamily market.
Key Articles To Read This Week
Co-Living Was Built Around Sharing Living Spaces with Strangers. Will It Survive Through a Pandemic?
Ollie President Gregg Christiansen discusses occupancy statistics, accommodating social distancing rules and comparisons to co-working.
It said it will make free temperature testing available to customers using infrared thermometers. .
Shelter-in-place orders caused a sudden shift which has resulted in a demand surge across certain industries, with an emphasis on the crucial role that logistics real estate plays in everyday life, says a Prologis report.
A surge in remote work after the coronavirus pandemic would also change residents’ needs in an apartment community, multifamily experts say. .
*If you like this post, be sure to enroll in our free six week course on the fundamentals of commercial real estate investing — RealCrowd University.*