Latest Finance Trends

Banks will be cautious as the market remains uncertain. They will continue to build up liquidity reserves through borrower deposits and many will be sitting on the sidelines. Over the past year, the banks have really dialed back — something that will most likely continue over the next year. Bank lending will return to more More

After being hit particularly hard by COVID-19, this sector appears poised for some well-deserved growth. A possible recession. Rising interest rates. A continuing labor shortage. These are just some of the challenges facing the senior housing market. But most experts see the industry’s fundamentals continuing to improve. That’s because that nasty miniscule spiked ball we all More

Once the black sheep of the real estate market, golf courses are rapidly coming back into favor with investors. The beleaguered asset class has posted record numbers in the last few years, both in terms of per-course earnings and sale prices. Coming in just as hot is the marina business, which has also posted some More

Self-storage borrowers will see plenty of available capital over the next few months as lenders view this as a viable asset class. The lack of recent new construction in most markets has led to increased demand and the sector is showing favorable demographics. Self storage is quickly becoming one of the top asset classes. Many More

Senior housing lending should return to more normal levels in 2024. Demographics remain favorable with many forecasts indicating a shortage of supply in the long term, leading to a wave of demand. Fundamentals in the operations of assets are slowly improving. A lot of states have stepped up with improved Medicaid rates, and in many More

Hotel lending volumes should increase in the coming months, especially as the wall of maturities gets closer. A lot of lenders have been on the sidelines, but the asset class is performing well and garnering attention from capital providers. More lenders are starting to dip their toes back in the space, although with cautious underwriting. More

C-PACE is long-term, fixed-rate, non-recourse financing that is repaid as a special assessment on the property that can fund improvements related to energy savings during construction, rehabs and/or adaptive reuse. This is a great way for borrowers to enhance leverage and is cheaper than mezz and pref equity. Current rates are in the low to More

There is plenty of available capital for retail, although there is still a flight to quality in the sector. Lenders will be cautiously optimistic, especially since retail is seeing low vacancies across the country as inventory is tight, which is driving rents up. Many lenders are also full on multifamily and industrial, and retail is More

Anticipate office lending to be very challenging for the next 12 to 18 months. There will be less capital available for office until the demand equation is clearer. Underwriting will be more conservative, including lower loan to value ratios and shorter amortizations. A number of buildings are faced with underutilization due to many employees still More

Although there has been some slowdown, construction lending overall should strengthen by year’s end. Rates should start to plateau and lenders that have been on the sidelines since the bank failures will come back to the market later this year. They will return once there is some certainty in bank lending and in order to More