April 20, 2020

There is plenty of capital available for JV and pref equity investing but many investors are waiting on the sidelines for the time being.  They need some near-term clarity of where things are headed and do not want to get involved in a deal too early.  Lenders will tighten underwriting going forward, leading to the More

Banks are pulling back lending overall due to the COVID-19 outbreak, but they still want to put money out and multifamily is considered a strong and safe asset class.  Anticipate bank lending to be very relationship driven with doors wide open for existing clients.  Don’t expect banks to stretch underwriting for first-time borrowers.  Count on More