Bridge Loan Market Heats Up
The bridge loan market is starting to heat up as lenders grow more comfortable with financing transitional assets.
How Low Can It Go? Interest Rates on GSE Debt Plummet
Interest rates from Fannie Mae and Freddie Mac have fallen 50 basis points in August alone, reaching the mid-4 percent range on 10-year deals.
Digging for Dollars
Developers are, inherently, eternally optimistic.
Pay to Play: Access to Construction Debt Hinges on Relationships
National and regional banks are slowly starting to provide construction debt again, but they're only opening the balance sheet to those with whom they have an existing or potential long-term relationship.
The Long and Short of Small Loans
Fannie Mae's small laon program recently loosened some underwriting criteria and is offering standard 10-year deals at around 5.75 percent, and seven-year pricing is in the mid-5 percent range. But it's on shorter-term loans where banks are undercutting Fannie Mae.
Five Tips for Winning FHA Approval on a New Construction Deal
With the fatality rate of new Sec. 221(d)(4) loans hovering at about 50 percent, you have to manage your expectations for the loan process. Here are some tips from FHA lenders on how to position your deal for approval.
GSEs Tighten Up Borrower Scrutiny, Despite Looser Underwriting
Borrower scrutiny is at an all-time high at the government-sponsored enterprises, even as credit conditions begin to loosen up.
GSEs Loosen Underwriting as Confidence Grows
Credit parameters are loosening at the government-sponsored enterprises (GSEs), as Fannie Mae and Freddie Mac tweak their underwriting to reflect growing confidence in the economy.
Wells Fargo Dusts Off Bridge Loan Program
Wells Fargo, the multifamily industry's largest lender, rejuvenates its bridge loan program, tying it to the company's agency permanent loan executions.
Red Capital Returns to the Fold
Red Capital Group has come back to its roots as an entrepreneurial firm after being acquired by an investment group led by ORIX USA Corp. and Stonehenge Partners.