Latest Finance Trends

As the rollercoaster year 2022 came to an end, many investors approached 2023 with hesitation due to high list prices, uncertain cap and interest rates, and inflation driving up operating costs. Market conditions have not been ideal, both for buyers and sellers. In fact, Tyler Bynum, vice president of multifamily investment sales at Worldwide Commercial, More

Lenders are still targeting multifamily deals, especially in markets with high barriers for new development. This will continue as long as high residential mortgage rates continue to force people to stay in rental housing versus buying a home. Multifamily lending will be more about sponsorship and location than seen in the past few years. More

Count on the total commercial real estate lending and borrowing to fall to $654B in 2023, which is a 20% drop from the $816B total in 2022, according to an updated baseline forecast recently released by the Mortgage Bankers Association. More

Life companies will be some of the most active players for the next few months, as many banks continue to stay on the sidelines and the CMBS market remains tough because of high pricing. Watch for life companies to be pickier on what deals they will choose going forward based on their perceived risk. More

Watch for life companies to be some of the most active players for the next few months. Turmoil in the banking market has led to a pickup of life company lending. Even with this increase in activity, most life company lenders themselves expect overall volumes to be down. More

Borrowers will continue to see strong lender demand for industrial. However, the industrial market might start to soften as some spec supply will be coming online this year. Despite any hurdles, industrial will still be a favored property type and lenders will stretch underwriting in order to win the deal. Class A strong credit tenant deals will see aggressive rates, while riskier deals will much be harder to price than six months ago. More

The single-family rental (SFR) and build-for-rent (BFR) space continues to be very liquid as lenders seek alternative lending channels to deploy capital into a relatively safe space. Lenders are well-capitalized but are being extremely cautious and scrutinizing deals more heavily than in the past. More

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