March Update

March Update

It is incredible, isn’t it? Regardless of who provides your financing, please be aware commercial real estate loan rates are now getting back to very attractive levels. Spreads are now starting to decline and potentially keep pace with the decline in the 10 YR...

Spreads

Happy New Year: Just a quick note. We received a great quote from one of our non-agency multi-family lenders that is very attractive and rivals the agency pricing as well as insurance finance terms for commercial real estate. These are GREAT RATES: $10M or Less: 170...
CRE LOAN PREPAYMENT DECISIONS

CRE LOAN PREPAYMENT DECISIONS

YIELD MAINTENANCE VERSUS STEP DOWN  The decision between a step-down prepayment and a Yield Maintenance prepayment option is one that operators and borrowers should not take lightly. Your Exit strategy will be the key determination on what you should choose....
The 10 Year Treasury….

The 10 Year Treasury….

Back below 3!!! 2018 Treasury MovementAs you can see from this chart, the 10-year Treasury has finally maintained a level below 3% for the first time in months.  This is obviously good for long-term borrowing rates.  The yield curve is now pretty flat, which generally...

Market Update and Lunch

Good morning, here is a quick summary of interest rate levels:10 Year Treasury has increased to the 2.96% range over the last week but has not penetrated the 3% level.  Rates are still attractive, but the cost of money is impacting equity requirements as LTV ratios...

Current Lending Cycle for August

Here are 3 Quick things that you may find helpful regarding the current multifamily lending cycle.  1. Investors are heading back into the treasury market for safety, keeping it well below 3.0%.  If you are close to locking a rate on any commercial real estate loan,...