According to Berkadia’s newly 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 during the ongoing recovery, Berkadia’s investment sales advisors and mortgage bankers anticipate increased activity from investors seeking strategic opportunities.
The survey reveals that institutional investors will see a growth in transaction volume (72%) in 2024. While some may remain cautious due to current market conditions, most of Berkadia’s respondents believe that private investors will play a leading role in acquisition activity (78%), followed by institutional investors (42%). Additionally, there is an anticipated increase of capital from international sources.
Berkadia EVP and head of production Ernie Katai stated that “investors’ ability to navigate this challenging environment only reinforces our confidence in the industry.” Despite cooling multifamily fundamentals across many US markets, there is optimism among investors for pursuing both equity and debt opportunities.
