September 3, 2018

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    Banks Join Multifamily Stampede

    Count on bank lenders of all sizes to be bullish in multifamily lending going forward.  Borrowers will have no problem grabbing 70% to 75% leverage.  Five-year fixed rates will be in the 4% to 4.5% range, while seven-year loans will be 4.25% to 4.75%.  Expect 5%-plus rates for seven- and 10-year terms in secondary markets More

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    Bridge Lending Spills Over

    Count on more competition in the bridge lending space as more equity shops, lenders and even owners join those whom have already made the push into the bridge world.  This abundance of liquidity will lead to more aggressive terms and underwriting.  Borrowers will see leverage pushed to 80% as lenders all compete to grab the More