According to Berkadia’s recently released 2024 Powerhouse Poll, private and institutional investors are expected to have a more positive outlook as economic conditions stabilize. Despite challenges in the living sectors due to ongoing recovery efforts, Berkadia’s investment sales advisors and mortgage bankers anticipate increased activity from investors seeking strategic opportunities.
The survey reveals that institutional investors are projected to see growth in transaction volume (72%) in 2024. While some may remain cautious given the current state of capital markets, a majority of respondents predict that private investors will play a leading role in acquisition activity (78%), followed by institutional players (42%). Additionally, there is an anticipated increase of international capital entering the market.
Berkadia EVP and head of production Ernie Katai stated, “Investors’ ability to navigate this challenging environment only reinforces our confidence in the industry’s appeal.” Despite cooling multifamily fundamentals across many US markets, there is optimism among investors for pursuing both equity and debt opportunities. This brighter outlook was revealed through Berkadia’s Powerhouse Poll without any mention of specific regions or companies.
