Interest rates on bank-quality commercial real estate loans decreased for all property types in August 2017 and remain above their marks from a year ago, reflecting a positive, yet measured view on the economy and commercial real estate generally. The yield on the benchmark 10-year Treasury Bond was down month-over-month, accounting for the decrease in borrowing rates. Other benchmark interest rates are available from the Wall Street Journal.
|Collateral Type||Change||Current Month||Prior Month||Prior Year|
DSCR: 1.5x (2.0x for hotel)
LTV: 70% - 80%
Maturity: 10 years
Amortization: 20 - 30 years