Premium

Single-family rental (SFR) and build-for-rent (BFR) properties have both been super-hot the last few years. The pandemic especially pushed demand for these property types as people left the big cities and high-rise apartments in search of their own space. Expect plenty of available capital, albeit at more conservative terms. However, recent hurdles in the market have moved some lenders to the sidelines.  More

JV equity and pref equity will still be available but will heavily favor industrial and residential transactions. Some investors are on the sidelines given the uncertainty with cap rates, interest rates and inflation. Therefore, those that are active are more disciplined and conservative. Pref equity will be available from the usual suspects such as the debt funds, mortgage REITs and private equity funds. More

Borrowers will see available bridge capital, although many previously active players are now on the sidelines. The illiquidity in the market, particularly amongst the banks, will continue to apply pressure to bridge lending. Credit funds/debt funds that truly rely on their banks for financing to support that business, which has dried up significantly over the past 12 months, along with a significant widening in the cost of borrowing within a very short period of time, has pulled some lenders out of the market. More

The last several weeks have been anything but boring in the lending world. The failures of SVB Bank and Signature Bank left many real estate borrowers wondering what exactly the future holds. UBS also took over rival bank Credit Suisse after it imploded during the recent banking crisis last month. Many feared a nationwide bank More

The recent bank failures put the market into a tailspin and left many borrowers wondering if bank lending would come to a complete halt. Despite the news, the smaller, mid-sized and regional banks have plenty of liquidity and are eager to lend. This will buoy the market as the major money-center banks sit on the sidelines. More