Modern Funding Blog

| 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

| 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…

View Article

| 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…

View Article

| 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…

View Article

| 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…

View Article