Pat Minea moderates NAIOP Panel: Lender and investor appetite for commercial real estate
Pat Minea, executive vice president/regional managing director, led the Minneapolis NAIOP capital markets update on March 11 at the Golden Valley Country Club in Golden Valley, Minnesota. The session was titled, "Lender and investor appetite for commercial real estate continues to be strong in 2020."
Along with a look at local, regional and national market trends, the panel also covered the recent news regarding the industry's reaction to the coronavirus and the drop in index rates and the stock market.
Topics covered during the conversation included:
What different types of properties investors are looking for today
How investors and lenders are underwriting commercial real estate at the top of the cycle
Return and yield objectives
How lenders stand out in a crowded field
The underlying source of investors' capital
Other motivations for buying and lending
Minneapolis versus other markets
Ross Dahlin, vice president - Business Banking at Great Western Bank
Jon Miller, managing Director - Värde Partners
Holly L. Wathan, CCIM, Regional Director - PPM America, Inc.
Tom O'Brien, executive director - Cushman & Wakefield
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.