July 12, 2024
Daily Archives
More stories
-
CMBS lending will become more competitive
CMBS lending has vastly improved over this time last year and will continue to steadily increase throughout the rest of 2024. With around $45B already originated, total originations could be close to $100B total this year. This means the sector is returning to more normal levels. The overall outlook for CMBS is very strong, especially as compared to the regional banks and life company lenders. CMBS is able to offer higher proceeds as they size the loans off an interest-only payment, versus amortizing. The biggest advantage they offer is the ability to buy down the rate. Borrowers can buy down the rate by up to 6% points. More
-
Ariel Property Advisors, Mag Mile Capital and more in the July dealmaker databank
The Dealmaker Databank highlights some of the most interesting deals that have closed recently or are in process. This information shows you exactly what deals are getting done in today’s market and gives you the contact information of the person who arranged them. More
