Latest Finance Trends

The senior housing space was hit especially hard during the pandemic as facilities had to shut their doors to new residents and many families moved their loved ones out. The sector is now in recovery mode and lenders and investors are both returning to the space. “There is a large appetite for these deals, particularly More

There will be more available capital for ground-up construction projects going forward, especially for the hottest property types such as residential and industrial development. Borrowers will see more favorable terms going into the New Year, as lenders strive to compete. Construction lenders will seek deals in markets with population growth such as the Southeast and More

The total life company commercial real estate lending volume for 2021 is expected to reach $70B to $75B by year’s end. Most life company lenders have increased their allocations for commercial mortgages this year and are expected to boost their origination goals even more in 2022. However, the amount of capital chasing real estate deals More

Bank financing was extremely tough to obtain during 2020 with most bank lenders shifting focus to PPP loans and putting all their energy in working with top-tier existing clients. Today all bank players from the major money-center banks to the local guys are back in the game and ready to compete as they strive to More

Hotels have been hard-hit during the pandemic, especially older properties in major urban city-centers. Borrowers and lenders alike are becoming more open to converting these hotels into affordable multifamily buildings. This not only provides a new use for the seemingly obsolete space, but now offers multifamily housing at pricing that many tenants can afford, especially More

Every lender in the country is fighting for any industrial deal that comes to the market, including warehouse, distribution, flex and cold storage properties. Borrowers are seeing extremely aggressive terms such as higher leverage, longer interest-only periods and sub-3% rates. The low cost of tenant improvements and common area maintenance combined with the “stickiness” of More

Agency lenders, banks, life companies, conduits and private money lenders are all seeking multifamily loans this year and with so much competition in the space, lenders will have to drop loan minimums in order to win deals. Expect small-balance multifamily lending to be a highly desired segment throughout the rest of the year, especially with More

Hoteliers will see more available capital during the second half of the year, especially as most lenders expect revenues to greatly increase this summer. Look for debt funds, private money lenders, CMBS lenders and even some banks and life companies to be active. Capital providers are beginning to feel comfortable with certain types of hotels, More

Commercial real estate lending has been on a wild ride over the last year and while most lenders have re-entered the market, the landscape looks a bit different than it did pre-pandemic. We have seen major shifts in the most sought-after markets as people left major urban cities and fled to the suburbs. The Southeast More

Look for conduits to open up to non-favorable asset types, such as hotels and retail, in the coming months. The capital market has stabilized over the last few months and predictions point to CMBS lending returning to pre-pandemic levels by next year. CMBS lenders with integrated platforms that offer multiple products will be the most More