Modern Funding Blog

| 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…

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| May 1, 2017

Current Market Interest Rates for April

Interest rates on bank quality commercial real estate loans decreased across all property types in April 2017.  Rates remain consistent with their marks from a year ago, reflecting a positive, yet measured view on the economy and commercial real estate.  Other benchmark interest rates are available from the Wall Street Journal.

| March 31, 2017

Current Market Interest Rates

Interest rates on bank quality commercial real estate loans were mixed in the month of March 2017.  Loans on multifamily and retail properties inched up, reflecting lenders’ concerns about these two asset classes.  Rates remain slightly above their marks from a year ago, driven largely by increases in the US Treasury benchmark.  Lender sentiment remains…

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| March 24, 2017

Commercial Real Estate Finance Update – Winter 2017

Modern Funding has been on the conference circuit this winter meeting with commercial real estate lenders and investors across the country.  Conference locations have included Miami, San Diego and New York City, highlighting the diversity of our great nation and what attracts so much domestic and foreign capital, both personal and institutional, to our real…

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| February 15, 2017

Advantages of an Agency Small Balance Multifamily Loan

Attention apartment owners:  Do you have a Modern loan?  If you have financed your property during the past few years, chances are you have a competitive rate – but are you aware that loans from government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac are available for loans starting as small as $1 million?  Their…

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| December 14, 2016

How Much Equity Do I Need To Purchase Commercial Property?

Second only to “What interest rates do you charge?”  “How much equity do I need to purchase a commercial property?” is among the most commonly-asked questions we get from real estate investors – whether on the phone, via email, chat or social media. For stabilized commercial real estate properties borrowers should expect to put down…

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| November 10, 2016

Let’s Demystify Commercial Real Estate Loan Documents

Modern Funding wants you to be informed about every aspect of the Commercial Real Estate Loan process, so we’ve prepared this handy guide to understanding commercial real estate loan documents. Commercial real estate lenders typically require borrowers to sign and deliver the following loan documents when making a commercial real estate loan. The mix of…

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| September 30, 2016

Bridge Loans a Focus at Crittenden Real Estate Finance Conference

I just returned from the Crittenden Real Estate Finance Conference where approximately 250 attendees gathered in Miami to discuss all forms of commercial real estate finance.  There was a significant focus on bridge loans and other forms of high-yield finance with some great insights into the South Florida real estate market. Despite being at least…

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