Bill Hughes

GSEs Capture More Than 60 Percent of Market in 2011

Though the competitive landscape grew more heated last year, the overall market for permanent multifamily debt also expanded, allowing Fannie and Freddie to capture more than a 60 percent market share. More

How Long Can Low LIBOR, 10-Year Treasury Last?

The benchmarks upon which floating- and fixed-rate loans are based have been incredibly low for awhile now—but how long can it last? More

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How Long Can Low LIBOR, 10-Year Treasury Last?

The benchmarks upon which floating- and fixed-rate loans are based have been... More

Cap Rate Disparity Between Primary, Secondary Markets Shrinks

As investors balk at the gates of Gotham, cap rates for core assets in primary markets are inching up, with investors chasing yield and sending cap rates down in secondary markets. More

Cap Rate Disparity Between Primary, Secondary Markets Shrinks

As investors balk at the gates of Gotham, cap rates for core assets in primary markets are inching up, with investors chasing yield and sending cap rates down in secondary markets. More

Life Companies Win the Early Rate Lock Race

As the yield on the benchmark 10-year Treasury continues to stay low—and as the Federal Reserve ends its QE-2 program—the ability to lock a rate as soon as possible has become a huge competitive advantage for life insurance companies. More

Buyers Increase Risk Tolerance in Search of Higher Returns

Many multifamily investors are turning away from stabilized assets in core markets and focusing instead on secondary markets and riskier plays in search of higher yields. More

CMBS Market Gathers Momentum

Berkadia and Walker & Dunlop recently opened their CMBS platforms, KeyBank and Marcus & Millichap closed their first CMBS loans in ages, plus several encouraging signs are gathering for the sector. More

Capital for Value-Add Deals Starts to Loosen Up

As fundamentals continue to improve in many markets, more lenders are slowly starting to grow comfortable with the idea of underwriting rent growth. More

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