1st QUARTER CRE FINANCING UPDATE Good Morning……..We recently were part of a panel discussion at the Atlanta RealShare Conference. Our findings and discussion centered on the debt market, which is in overall good shape. Delinquencies are rather...
As we head towards the end of 3rd Quarter 2015, across all lending platforms we have experienced a widening in investor spreads for the past several months. The chart below shows this relationship as it relates to HUD Multifamily Interest Rate Spreads. As you...
June/July 2015 Edition Since the last newsletter Treasuries have increased as well as spreads. FNMA/Freddie Mac spreads are high due to the GSE spread set by these agencies, which is a result of busting through production targets set forth for these agencies.CMBS and...
APRIL/MAY NEWSLETTER ADDENDUM ON DEBT YIELD I want to further explain debt yield ratios and how they impact pricing. In the earlier email this morning, I stated that the lower the debt yield, the better. This was a TYPO error. The higher the debt...
APRIL/MAY CRE FINANCING MARKET UPDATE The year as rapidly passing by (like all years seem to do as we get older) and the financing market is taking interesting turns and twists:1. FNMA/Freddie Mac Multifamily spreads are widening (about 215-220 basis points over...
FEBRUARY CRE FINANCING MARKET UPDATE Over the last 30 days we have seen a wild swing in rates. There are many borrowers who always consider delaying the refinance and locking in a rate at a later date. In real estate, ANY well positioned deal should work...
