January 20, 2020

Look for robust demand for CMBS loans this year as borrowers strive to lock in 10-year terms whilerates remain low.  Borrowers will be attracted to the longer interest-only periods, lower leverage and favorable pricing offered by the conduits.  Although, new rating agency guidelines that went into effectthis month will keep leverage levels in check as More

Borrowers will see plenty of liquidity in the construction lending market from banks, debt funds and life companies this year.  The debt funds and private money lenders will be more aggressive, while banks are expected to originate around the same construction volume as 2019.  Some banks have been over-regulated out of the construction lending business, More