Commercial real estate is breaking new ground. · 2020-07-10 · Our dedicated team of commercial...
1
Commercial real estate is breaking new ground. Economic and technological shiſts are impacting the way commercial real estate owners, operators and developers do business. To help navigate this rapidly changing landscape, Capital One® commissioned a special report on the industry issues, opportunities and trends you need to know about to keep your business ahead of the curve. Built on a strong economy. The economy remains one of the key drivers of the commercial real estate market. Real GDP grew 4.2% in the second quarter of 2018, the highest rate of change since 2014. 4.2% growth 2018 200k jobs per month 4% unemployment rate Over the past five years, the economy added an average of 200,000 jobs per month and the unemployment rate dropped to 4% in the first half of 2018, the lowest since 2000. Secondary cities become an additional target for owners and developers. While major cities remain the center of market activity, many companies are establishing footprints in more affordable secondary markets. 2017 2016 2015 2014 “ We're seeing that the fundamentals for Multifamily remain strong, even against the backdrop of an unpredictable and volatile environment. Our partnership with the MIT Center for Real Estate, however, allows us to go deeper, providing insight into how best to leverage the opportunity that comes with new and shiſting trends within the industry. Jeff Lee Head of Capital One Multifamily Finance Multifamily is on the rise. Multifamily starts rebounded nearly fourfold from the 2009 trough to reach 400,000 units in 2015— the highest annual level since 1988, and roughly twice the number of 2017 single family housing starts. Multifamily Starts (2015) Housing Starts (2017) 1 icon = 50,000 units Buildings with 50 or more units continue to climb. Data from the Census Survey of Construction (SOC) indicates that large multifamily buildings are being built at a record pace. 1999 only 13 % of multifamily units completed had 50 units or more 2017 over 50 % of multifamily units completed had 50 units or more Groundbreaking innovations in commercial real estate are creating unprecedented efficiencies in building construction, management, utilization and, increasingly, financing and payments. Stay ahead of industry trends with Capital One Commercial Real Estate. Our dedicated team of commercial real estate professionals combines the attention and service of a local bank with the resources and advice of a financial industry leader. We bring deep experience to every project, along with the extensive multifamily financing capabilities of a top 10 U.S. commercial bank. Products and services are offered by Capital One, N.A., Member FDIC. © 2018 Capital One. Capital One is a federally registered servicemark. All rights reserved. capital.one/cre
Transcript of Commercial real estate is breaking new ground. · 2020-07-10 · Our dedicated team of commercial...
Commercial real estate is breaking new ground.Economic and technological shifts are impacting the way commercial real estate owners, operatorsand developers do business. To help navigate this rapidly changing landscape, Capital One®commissioned a special report on the industry issues, opportunities and trends you need to knowabout to keep your business ahead of the curve.
Built on a strong economy.
The economy remains one of the key drivers of the commercialreal estate market. Real GDP grew 4.2% in the second quarterof 2018, the highest rate of change since 2014.
4.2% growth
2018
200k jobs permonth
4%
unemploymentrate
Over the past five years, the economy added an average of200,000 jobs per month and the unemployment rate droppedto 4% in the first half of 2018, the lowest since 2000.
Secondary cities become an additional targetfor owners and developers.While major cities remain the center of market activity, many companies are establishingfootprints in more affordable secondary markets.
2017 2016 2015 2014
“ We're seeing that the fundamentals for Multifamily remain strong, even against the backdrop of an unpredictable and volatile environment. Our partnership with the MIT Center for Real Estate, however, allows us to go deeper, providing insight into how best to leverage the opportunity that comes with new and shifting trends within the industry.
Jeff LeeHead of Capital One Multifamily Finance
Multifamily is on the rise. Multifamily starts rebounded nearly fourfold from the 2009 trough to reach 400,000 units in 2015—the highest annual level since 1988, and roughly twice the number of 2017 single family housing starts.
Multifamily Starts (2015)
Housing Starts (2017)
1 icon = 50,000 units
Buildings with 50 or more unitscontinue to climb. Data from the Census Survey of Construction (SOC) indicatesthat large multifamily buildings are being built at a record pace. 1999
only 13% of multifamily units completed had 50 units or more
2017
over 50% of multifamily units completed had 50 units or more
Groundbreaking innovations in commercial real estate are creating unprecedented efficienciesin building construction, management, utilization and, increasingly, financing and payments.
Stay ahead of industry trends with Capital One Commercial Real Estate.Our dedicated team of commercial real estate professionals combines the attention and service of a local bank with theresources and advice of a financial industry leader. We bring deep experience to every project, along with the extensivemultifamily financing capabilities of a top 10 U.S. commercial bank.
Products and services are offered by Capital One, N.A., Member FDIC. © 2018 Capital One.Capital One is a federally registered servicemark. All rights reserved. capital.one/cre
