Life insurance companies have increased their appetite this year and are charging... More
Investors considering acquisitions today should anticipate the interest rate and cap rate volatility that would arise in the absence of the GSEs. More
Unlike this time last year, borrowers have more options on permanent debt, as life insurance companies, banks, and even conduits start to give the GSEs a run for their money. More
Unlike this time last year, borrowers have more options on permanent debt, as life insurance companies, banks, and even conduits start to give the GSEs a run for their money. More
The bridge loan market is starting to heat up, as providers see more opportunity in lending to transitional assets and distress acquisitions. More
The bridge loan market is starting to heat up, as providers see more opportunity in lending to transitional assets and distress acquisitions. More
The multifamily industry is at an inflection point, as cautious optimism based on improving fundamentals clashes with some sobering challenges, according to a leadership roundtable discussion that kicked off the 2010 Apartment Finance Today Conference earlier this week. More
One of the biggest issues facing multifamily lenders today is determining the “V” in LTV (loan-to-value). In the past, lenders could easily turn to the acquisition market to get a current read on valuations. But since there are very few acquisitions this year, lenders have nothing to measure against: In the absence of a trade, there’s no market-determined value. Anecdotally, everyone knows that values are falling in most, if not all, markets today. But how can you measure the rate of descent for that falling knife? More