December 6, 2023· 35 min

Another Part of Commercial Real Estate Is in For a Reckoning

Lee Everett

Orality

Model

65%

Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostJoe Weisenthal(1,532 words)

M:93%

HostTracy Alloway(1,086 words)

M:28%

GuestLee Everett(3,299 words)

M:27%

Oral Indicators

Agonistic36%

literally, completely, very

Engagement57%

you, our, your

Memory Aids100%

listen, now, so

Repetition100%

like (55x), it's (41x), your (40x)

Parallelism90%

And I'm Tracy Alloway...., And, actually, a specific segm..., So for obvious reasons, everyo...

Sound Patterns67%

46 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases3%

i mean

Literate Indicators

Hedging10%

maybe, probably, could

Passive Voice7%

were intended, be rented, been driven

Abstract Nouns17%

investment, recommendation, conversation

Subordination9%

though, since, while

Sentence Length34%

Avg: 13.5 words/sentence

Word Complexity48%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style43%

394 personal pronouns found

Descriptive Style100%

literally, completely, mostly

Description

When it comes to commercial real estate, a lot of attention is obviously paid to offices. But it's not the only sector facing strains. Apartment buildings — or multifamily residential — may also be in for trouble. For years, rates were falling and rents were rising, and owning and operating apartments was a moneymaker. Then things went into overdrive with the pandemic, thanks to plunging rates, surging rents, and an explosion in new household formation. But all of that is reversing. Rates have surged. Insurance costs have surged. Operating costs have surged. The household formation boom didn't last. And in some areas of the country — particular in some Sun Belt markets — rents are actually falling. On this episode, we speak with Lee Everett, vice president of research and strategy at Waterton, on how a multi-family deal binge in 2021 will result in a huge hangover. See omnystudio.com/listener for privacy information.

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