Ready Capital: Making the Most of the Market Despite Election-Year Volatility

The marketplace is wary in the lead-up to the 2020 election, but Anuj Gupta, president of Commercial Real Estate Lending with Ready Capital, says there’s opportunity for bridge lenders in the meantime as equity investors look for higher returns. Gupta believes rates will be lower for a longer period, although there is no telling what might happen after the election. Gupta feels confident about Ready Capital’s preferred strategy of focusing on small-to-medium loan sizes in …

March 3, 2020Finance Insight, Midwest, Multifamily, Northeast, Southeast, Texas, Thought Leadership, Video, Western

Axiom Capital Corp.: How healthy is today’s real estate market?

Charles Cronin of Axiom Capital Corp. discusses how the longest upcycle in history is impacting the lending environment. Cronin weighs in on the overall health of the commercial real estate lending industry now and what people learned from the 2007/08 financial crisis. What can people expect from the market going into 2020, especially with high prices and fierce competition in both sales and lending? Low credit spreads and rates are positive signs for commercial real estate. …

February 28, 2020Finance Insight, Midwest, Multifamily, Northeast, Southeast, Texas, Thought Leadership, Video, Western

Grandbridge: Barring Disruptor, No End in Sight for Capital Flowing into CRE

John Randall of Grandbridge Real Estate Capital talks about the capital available in the commercial real estate market. The risk-adjusted returns available in CML [capital market line] debt capital markets is superior to that offered by alternative investment classes, he says. “Until we see any meaningful steepener on the curve or significant disruption, there’s really no end in sight to the liquidity in both debt and equity flowing into commercial real estate.” This breeds …

February 27, 2020Finance Insight, Midwest, Multifamily, Northeast, Southeast, Texas, Thought Leadership, Video, Western

Berkadia: Affordable housing concerns require local solutions

David Leopold, Senior Vice President and Head of Affordable Housing at Berkadia, speaks with reporter Nellie Day about the ever-growing need for affordable housing and the challenges of meeting increasing demand. As Leopold discusses the differences between subsidized affordable housing and “organic,” workforce housing that is not driven by subsidies, he looks at the short- and long-term impacts of each approach. “Like all real estate, affordable housing challenges are very …

February 25, 2020Finance Insight, Midwest, Multifamily, Northeast, Southeast, Texas, Thought Leadership, Video, Western

What Does Walker & Dunlop’s New Venture Mean for Multifamily Lending?

Walker & Dunlop has entered into a joint venture with commercial real estate data science company GeoPhy to optimize the multifamily valuation process. The new appraisal company is called Apprise, and its goal is a five-day appraisal to accelerate the delivery of capital to real estate operators, Walker & Dunlop’s clients among them. Brad Savage, MAI, CCIM, Chief Product Officer of Apprise, discusses the marriage of data and human expertise in Apprise’s approach to commercial …

February 24, 2020Finance Insight, Midwest, Multifamily, Northeast, Southeast, Texas, Thought Leadership, Video, Walker & Dunlop, Western

ACRES Capital: What can borrowers and lenders do to keep a loan from default?

When beginning the loan process, borrowers and lenders start with a solid foundation. But what happens if a new or renovated project doesn’t lease up as quickly as expected? What happens if construction delays push past the end of the construction loan? What happens if construction cost overruns jeopardize completion of a project? And what if the economic upcycle turns downward before your project is completed? Mark Fogel, President and CEO of ACRES Capital, talks about the role …

February 21, 2020Finance Insight, Midwest, Multifamily, Northeast, Southeast, Texas, Thought Leadership, Video, Western

M&T Realty Capital: What’s the latest in seniors housing finance?

At MBA CREF, M&T Realty Capital’s Sean Huntsman met with reporter Nellie Day to discuss the trends he’s seeing in the multifamily and seniors housing sectors. One big takeaway: The current market demands flexibility and diversified lending. M&T Realty Capital Corp.’s lending platform is allowing the company to both succeed and expand — they had a record 2019 in terms of loan production for healthcare and seniors housing sectors. In addition to a robust pipeline of …

February 20, 2020Finance Insight, Midwest, Multifamily, Northeast, Seniors Housing, Southeast, Texas, Thought Leadership, Video, Western

TD Bank: Practical Steps to Promote Affordable Housing

2020 looks like it will be a record year in terms of delivery of multifamily units, according to Gregg Gerken, Head of U.S. Commercial Real Estate with TD Bank. But how much will Class A continue to dominate the market? “There is a movement toward rent control. Affordable housing is an obvious pressure in the industry,” Gerken says. Entitlement and construction costs mean that developers have focused on Class A projects and LIHTC-supported affordable housing …

February 19, 2020Finance Insight, Midwest, Multifamily, Northeast, Southeast, Texas, Thought Leadership, Video, Western

Hunt Real Estate Capital: Growth Opportunities and Concerns in 2020

Chad Thomas Hagwood of Hunt Real Estate Capital discusses growth opportunities in 2020 and the different drivers that make for a positive atmosphere, especially in secondary and tertiary markets around the country. Previously overlooked areas offer more opportunity to develop and less competition. Many secondary and tertiary markets are seeing corporate growth and increasing populations, which is driving more demand for multifamily housing. Limits on development include …

February 18, 2020Finance Insight, Midwest, Multifamily, Northeast, ORIX, Southeast, Texas, Thought Leadership, Video, Western

TD Bank: Construction Delays have Bolstered the Multifamily Market

It may sound counterintuitive, but Gregg Gerken, head of U.S. commercial real estate at TD Bank, believes some of the challenges the multifamily development market has faced have actually benefited the market. He specifically references labor shortages and construction delays. There were concerns in some areas that too much product might come online too fast, hampering absorption and rent growth. But the recent speedbumps have allowed the pipeline to even out a bit, staggering the …