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First National Realty Partners ("FNRP"), one of the nation's fastest-growing vertically integrated real estate investment firms, produced impressive acquisition and leasing activity in 2023. FNRP closed on nearly $200M in acquisitions for the year and completed over 500,000 square feet of new leasing transactions.
Office and healthcare properties led the decline in mortgage originations, as elevated interest rates sparked uncertainty in commercial real estate.
Real estate fundraising falls 71% in third quarter, non-performing loans are causing problems for regional banks
All leading indicators show that the multifamily sector is shrugging off rising interest rates, inflationary pressures and other economic challenges, and will continue to be a torrid market for design and construction firms for at least the rest of 2022.