Latest Finance Trends

Life company lenders will continue to be active players as we head into the second half of the year. However, some LCs will start to pump the brakes as we enter the fourth quarter and they fill up planned allocations for 2022. Rising interest rates could lead to more caution in the coming months. “Life More

Industrial borrowers will continue to see plenty of available capital, although rising interest rates will lead to more conservative terms. Life companies will remain the most competitive capital sources in the industrial space, while bank lenders will strive to compete. Count on life companies to beat the banks on pricing for larger deals at lower More

Lenders of all types will aggressively seek industrial loans, although rising rates could lead to some caution. Despite changes in the market, most lenders still see industrial as a safe property type and will all strive to compete in the space. “Demand has been strong and will remain so until we have more industrial supply More

Borrowers will see a strong lending appetite from life insurance companies, especially as interest rates are moving up. LC originations were strong during Q1, albeit at rates lower than they are today. One hiccup could be that some insurance companies look at investing in corporate bonds as an alternative, and with those yields up it More

Inflationary pressure continues and the consumer price index shot up in March with multiple market dynamics driving upward price movements, according to Marcus & Millichap’s recent Research Brief. Commercial real estate properties that are able to adjust rents rapidly, such as multifamily, are usually the most inflation resistant. Multifamily properties tend to have one-year leases, More

There will be more available capital for office properties during the rest of the year, as banks, life companies and CMBS lenders all look for deals. Count on lenders to want more cushion through lower leverage, wider DSC ratios and a larger focus on reserves for TIs. Everyone is waiting to see what the impact More

Lenders will be more open to funding office deals throughout the rest of the year, although there will be continued caution with loan terms and underwriting. Expect banks, life companies, debt funds, bridge and private money lenders to all be active. Lenders are spurred by improving metrics in the space as more companies return to More

Bank lenders will be active players throughout the rest of 2022, although rising rates could lead to more conservative underwriting. Keep an eye out for the larger banks to swoop in and snag deals from the regional and local players. Banks will aim to compete on multifamily and industrial loans but watch for them to More

The hotel lending market continues to improve, especially as spring and summer travel bolsters occupancy numbers. While debt funds will be the most active lenders, look for banks and life companies to seek deals during the second half of the year. Commercial mortgage-backed securities (CMBS) lenders are also returning to normal hotel lending levels, which More

Hotel lending so far in 2022 has already outpaced 2021 and borrowers will see plenty of capital options during the second half of the year. Debt funds will continue to lead the pack followed by the banks and select life companies. CMBS lenders have historically been the most active and that market will lead to More