This list includes some of the top CMBS lenders. We have touched base with our vast inventory of lender contacts to get the most up-to-date information including their origination totals and terms. This information will give you an idea of what these capital providers are seeking in today’s market. More
Watch for life companies to have a huge lending appetite next year, leading to plenty of available capital. Most LCs plan to beat their 2024 allocations in 2025. Rates are expected to drop again, which will encourage borrowers to proceed with refinancing or acquisitions. This surge in transactional volume should increase life company originations. Borrowers will see higher leverage and lower debt yield minimums. Anticipate LCs to be more detailed in their underwriting and look closer at rent trends, co-tenancy and retention ratios. More
This Class C Store-4-Less self-storage facility sits on roughly 2.25 acres in Ludowici. The current building boasts around 12,000 rentable square feet and was built in 2007. One major hurdle was that the borrower had to close in less than 45 days. The lender liked that this is a well-maintained facility that includes an electronic keypad entry gate, security cameras, exterior lighting and fencing. In addition to the amenities, there is ample room to expand for additional mini-storage buildings, as well as boat and RV parking. More
This list includes some of the top life company lenders. We have touched base with our vast inventory of lender contacts to get the most up-to-date information including their origination totals and terms. This information will give you an idea of what these capital providers are seeking in today’s market. More
The outlook for office lending in 2025 is positive with meaningful improvements and increased liquidity. The market is starting to see some favorable trends in certain pockets relative to utilization, rents and vacancy. Watch for a flight to quality as lenders favor Class A office buildings. CMBS lenders will be active for well-performing office assets in strong markets. Banks will likely remain sidelined for the remainder of 2024 but will slowly and selectively re-enter the space in 2025 with building sales and loan sales starting to remove office loans from their balance sheets. More
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
This list includes some of the top condo lenders. We have touched base with our vast inventory of lender contacts to get the most up-to-date information including their origination totals and terms. This information will give you an idea of what these capital providers are seeking in today’s market. More
Bridge capital will be one of the main sources of lending for the remainder of the year and going into 2025. There are always deals toward the end of the year that require quick-close bridge financing. Count on a very active 2025 as bridge lenders will be a strong option for ground-up construction and heavy value-add deals. Watch for more permanent lenders expanding their programs into the bridge and construction space as a way to generate extra yield. More
The Landing at Arroyo in Simi Valley traded for $95 million or $448,113 per unit. The property’s location between California State Route 118 and U.S. Highway 101 gives residents access to nearby employment in Warner Center, Thousand Oaks and Camarillo. Built in 2022 on 10 acres, The Landing at Arroyo property has seven buildings, a swimming pool and spa, game room, fitness center, co-working space and central package lockers for deliveries. More
We asked leaders in the C-PACE field to give us their thoughts for this financing type going forward including predictions, challenges and trends. More
The Federal Reserve recently lowered the federal funds rate by 50 basis points to a range of 4.75% to 5% and said it expects to make two additional cuts this year and four in 2025. The Fed also lowered its 2024 inflation outlook to 2.3% from 2.6% (personal consumption expenditures) and reduced its GDP growth forecast to 2% from 2.1% for the year. More
Artes Capital provided bridge refinancing for a longtime sponsor on a newly completed industrial building in Baldwin Park. The subject property is a 20,847-s.f. building with 1,800 s.f. of office space, 28’ ceiling clearance, four drive-in bays and one dock-high door. The building currently exists as one space but could easily be demised into four units, each with its own office pod. The sponsor financed the initial ground-up construction with another lender with whom Artes maintains a friendly relationship. More
Miami, Florida
November 7-8, 2023
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