Interest rates on bank quality commercial real estate loans decreased across all property types except for retail in June 2017. Rates are slightly below their marks from a year ago, reflecting a positive, yet measured view on the economy and commercial real estate generally. Lender sentiment remains positive though retail is getting tougher to finance. 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