Richard Berger

While the headlines in California often focus on political or economic challenges, some investors are underwriting something and focusing on the long-term fundamentals. This includes demand, demographic trends, job growth in globally significant industries and the housing shortage. Private credit firm North River Partners is one of those investment firms that sees the upside in the asset class in the Golden State.

Demand for seniors housing is quietly turning into one of the most powerful stories in commercial real estate. Green Street is now calling for extended double‑digit NOI growth over the next three years, arguing that this isn't a short‑term rebound but the start of a structurally driven run powered by demographics and constrained supply, John Pawlowski, managing director at the firm, tells GlobeSt.com.

If you think driving rent growth and renewals requires a large capital budget, the leasing veterans at the National Apartment Association's Apartmentalize conference in New Orleans would disagree. According to panelists Kate Good, Lisa Trosien and Virginia Love, some of the most effective ways to lift rents, boost occupancy and keep residents happy are simple operational moves that cost little but change how prospects experience your community.