Special Report: 2021 State of Affairs

More than one year after the first case of COVID-19 was detected in the United States, the global economy and our daily lives have undergone considerable change. No real estate asset class has emerged from the past year unaffected by new government policies, public health procedures and demand shift. However, real estate economists predict the multifamily sector will experience the strongest recovery of all asset classes. The trend toward longer-term renting is projected to continue in 2021 with American millennials leaning toward more transient lifestyles rather than settling down. Through the pandemic and the nation’s recovery, Lucern’s investment strategy has been and will continue to be well-positioned for growth.