Modern Funding Blog

| January 3, 2018

Current Market Interest Rates – December 2017

Interest rates on bank-quality commercial real estate loans increased for all property types in December 2017 and remain high above their marks from a year ago. The yield on the benchmark 10-year Treasury Bond increased month-over-month, and bankers are starting to become a bit more cautions relative to CRE lending, accounting for the increase in borrowing rates. Multifamily…

View Article

| December 1, 2017

Current Market Interest Rates – November 2017

Interest rates on bank-quality commercial real estate loans decreased for all property types in November 2017 but remain above their marks from a year ago. The yield on the benchmark 10-year Treasury Bond increased month-over-month, and bankers are starting to become a bit more cautions relative to CRE lending, accounting for the increase in borrowing rates….

View Article

| November 1, 2017

Current Market Interest Rates – October 2017

Interest rates on bank-quality commercial real estate loans increased for all property types in October 2017 and remain above their marks from a year ago. The yield on the benchmark 10-year Treasury Bond increased month-over-month, and bankers are starting to become a bit more cautions relative to CRE lending, accounting for the increase in borrowing rates. Multifamily…

View Article

| October 2, 2017

Current Market Interest Rates – September 2017

Interest rates on bank-quality commercial real estate loans increased for all property types in September 2017 and remain above their marks from a year ago. The yield on the benchmark 10-year Treasury Bond increased month-over-month, and bankers are starting to become a bit more cautions relative to CRE lending, accounting for the increase in borrowing rates. Other…

View Article

| August 29, 2017

Current Market Interest Rates – August 2017

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…

View Article

| July 31, 2017

Current Market Interest Rates – July 2017

Interest rates on bank-quality commercial real estate loans increased for all property types except retail in July 2017. Rates remain slightly below their marks from a year ago, reflecting a positive, yet measured view on the economy and commercial real estate generally. The benchmark 10-year Treasury Bond was flat month-over-month, indicating lenders slightly increased credit-spreads during…

View Article

| July 5, 2017

Current Market Interest Rates – June 2017

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…

View Article

| June 15, 2017

Observations From The CREFC Annual Conference in DC

The Commercial Real Estate Finance Council (CREFC) Annual Conference took place in Washington D.C. last week and the best way to describe the mood around US commercial mortgage markets was “measured optimism.” As participants debated where we are in the current real estate cycle, there were differing opinions about where opportunities exist for debt and…

View Article

| June 1, 2017

Current Market Interest Rates – May 2017

Interest rates on bank quality commercial real estate loans decreased across all property types in May 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 with most lenders sticking to their underwriting despite a highly competitive market….

View Article

| May 11, 2017

Commercial Real Estate Lending Innovation – at Banks!

Despite all the chatter about “alternative” and “non-bank” lending, banks still control 41% of commercial mortgage loans and financed 43% of new loan production in 2016, according to MBA. And these are good times to be in commercial real estate lending – just 0.59% of commercial mortgages held on bank balance sheets are more than…

View Article