Wayne Archer teaching a class in Hough Hall

Location, Location, Location

After 50-plus years teaching real estate at the University of Florida Warrington College of Business, Wayne Archer shares his career-long revelations. Growing up on the plains of Kansas, Wayne Archer once thought that he would like to spend his life working the land as a farmer. As a youngster, he spent several summers at the [...]

One hundred dollar bills transposed over the sky with city skyscrapers silhouetted along the bottom

New Perspectives on Inflation Shocks and Public Real Estate Equity Returns

Introduction Inflation has again reared its ugly head in the United States. The December 2021 CPI inflation rate, 6.8%, was the highest recorded in 39 years, and producer prices were 9.8% higher than a year earlier. Relative to the past several decades, inflation is rising and survey evidence shows that actual inflation exceeds the expected [...]

Hallway with server computers or mainframe computers on both sides

The Path to Becoming Mainstream

Historically, institutional investors have favored companies that own and operate traditional property types — office, retail, industrial, apartments, and lodging/resort. These “core” real estate assets are attractive investments for providing greater diversification, reliable income, and predictable yield. Today, market sentiment remains bullish, despite the major economic disruption in 2020. In 2021, the industry experienced record-high [...]

Building with retail shops on the ground floor with apartments above them

Retail Under Apartments

Mixed-Use History Mixed-use real estate has been a central theme in urban development since the reign of the Roman Empire, where apartment units were built over city marketplaces. Mixed-use is not a new planning or development option. Before industrialization, mixed-use property was common throughout the United States. Since walking was the primary means of transportation [...]

The pool and clubhouse at the Retreat at Lakeland

Multifamily Investment Roundtrip: The Retreat at Lakeland

The Retreat at Lakeland is a 464-unit apartment community located in Lakeland, Florida. Covenant Capital Group is an expert at finding communities in need of attention and turning them into quality institutional assets. The experience at Retreat at Lakeland highlights both Covenant Capital Group’s expertise and the current market opportunities. The property was acquired in [...]

New home framed up on a construction site

Significant Digits: March 2022

Single-Family Homes – Build to Rent The distinction between rented and owner-occupied residences has typically been that apartments are rented and single-family houses are owner-occupied. Despite this generalization, individuals and small private investors have rented single-family homes forever. Until recently, this has occurred at a small scale with individuals and private investment groups acting as [...]

Looking up at the side of Heavener Hall in the courtyard with palm trees filtering the sun

Member Perspectives: March 2022

Bergstrom Survey – From ’21 to ’22 Real estate performance should have carried a bigger headline during 2021 but there were a few distractions. With so much discussion about viruses, the CDC, global travel limitations, masks, and general anxiety, there was too little space to realize that the real estate market was performing extremely well. [...]