WS1168: Weekly Investor Update: December 26, 2021 to January 1, 20222

MARKET INDICATORS SNAPSHOTWEEKLYMortgage Rate (30-Year Fixed): 3.05% (as of 12/23)MONTHLYExisting Home Sales: +1.9% (November 2021)New Residential Sales: +12.4% (November 2021)Median Sales Price for New Houses Sold: $416,900 (November 2021)Construction Spending: +0.2% (October 2021)New Residential Construction: 3.6% (November 2021)QUARTERLYHomeownership Rate: +65.4% (3Q21)Rental Vacancy Rate: +5.8% (3Q21)Sources: NAR, BLS, Federal Reserve Bank, MBACOMMERCIAL REAL ESTATERecord year for commercial real estate in 2022 expectedCBRE announced a positive outlook for the commercial real estate economy despite the threat of the COVID Omicron variant and other risks.Return-to-office trend will raise office space demand this yearThe National Association of Real Estate Investment Trusts predicts that the office will remain the hub of business activity.CRE expected to deliver 6% unlevered returns to investors in 2022Commercial real estate will remain strong this year with yields averaging 6% and values rising 11% according to real estate advisory firm Green Street.The end of LIBOR expected to shift the CRE marketIt has been observed that most lenders are not yet confident with substitute benchmark rates such as SOFR and BSBY.Growth in life sciences jobs to fuel real estate space for lab and research usesWith such strong demand for life sciences jobs, a total of 23.8 million square feet of labs were under construction in 3Q2021.Self-storage industry remains strong despite the pandemicThe industry has considerably gained some of the best returns in the market since the pandemicVacation rental demand to grow 14After interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work. I'm looking for five men to walk closely with who want to lead well at home and work.  Email me at [email protected] and tell me why you should be one of the five. whitneysewell.com  VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow📝 JOIN THE DISCUSSIONhttps://www.facebook.com/groups/realestatesyndication➡️ FOLLOW UShttps://twitter.com/whitney_sewell https://www.instagram.com/whitneysewell/ https://www.linkedin.com/in/whitney-sewell/ ⭐ Be Our Guest!We are continuously working hard to help our listeners with their journey to real estate syndication. If you think you can add value in any way to our listeners who are in commercial real estate, then we’d love to have you over. Apply here: https://lifebridgecapital.com/join-our-podcast/