PlainJaneEmail

Thought You might be interested to know:1. Freddie Mac recently announced Targeted Affordable Housing Express Program.  This Program has Streamlined Costs.  Eligible properties should be stabilized, with a loan of $10 million or less, and have at least...
The 10 Year Treasury….

The 10 Year Treasury….

The foundation of long-term mortgage rates Last year the 10-year treasury enjoyed lower levels.  CRE rates for long term money at that time ranged generally from 3.75% to 4.50%, depending on product type and LTV ratio.  This year, as you can see from the...

Multifamily Expenses- “Don’t Be Light”

Brent ShryockCommercial Real Estate FinancingNon-Recourse Loans $1 – $50M Some Commercial borrowers, especially in multifamily real estate, make some mistakes when estimating the size of a loan for their property. They are light on several areas when...
FINANCIAL MARKET UPDATE

FINANCIAL MARKET UPDATE

As of today, overall spreads over the 10-year Treasury are still quite tight!  There is no spread for swaps, as the 10-year swap actually equals the 10 Year.  CMBS pricing is off of the swap.  Here is a summary of spreads for 10 Year pricing and...