Understanding an Interim Construction Loan
An interim construction loan, also known as a short-term construction loan or bridge loan, is a type of financing used to cover the costs of building a new home or other real estate projects. This loan is typically short-term, with a duration that aligns with the construction period, usually between 6 to 18 months. Here […]
The Affordable Housing Crisis Grows While Efforts to Increase Supply Fall Short
Shortages of affordable housing are a long-standing challenge in the United States. High interest rates and low inventory are contributing to this issue, as is the growing number of millennials, who are looking for larger homes to raise families. For low-income Americans, the hunt for affordable housing can be especially tough. Increasing the supply of […]
Hard money lending: Guide to hard money loans and lenders
Key takeaways Hard money loans are a way of borrowing funds over the short term. They’re especially popular with real estate investors, but they can also be a good tool for borrowers with assets, but poorer credit. Here’s what you need to know. What is a hard money loan? Hard money loans, also called bridge loans, are […]
What are the qualifying criteria for bridge loans?
Bridge loans are short-term loans typically used to bridge the gap between the purchase of a new property and the sale of an existing property. The qualifying criteria for bridge loans can vary depending on the lender and the specific circumstances, but some common factors include: Overall, bridge loans are generally considered riskier for lenders […]
You Should NOT Buy a Median House to “Median-Rent It”
We have closed approximately 2,000 residential and commercial transactions so far. So I know the difference between ALL asset classes and the TL/DR is you should not buy houses to rent right now (the “median kind” that is). Here’s the MATH: 1. The median home price in the US right now (2024) is $395,000 2. […]
Mezzanine Debt vs. Preferred Equity: A Comprehensive Analysis
As a successful commercial mortgage broker catering to real estate investors in both residential and commercial sectors, it’s crucial to have a nuanced understanding of various financing options. Two prominent structures in this realm are mezzanine financing and preferred equity. In this detailed analysis, we will explore the differences between these two financial instruments, delving […]
Inland Empire’s Industrial Market Enters a New Era
Largest quarterly delivery on record worsens highest vacancy rate in a decade in America’s largest warehouse district The industrial real estate market in Southern California’s Inland Empire — the top in the nation, with more than 717 million square feet of space — has entered a new era after a year of declining sales, rising […]
Commercial real estate is itching for a rebound two years after start of Fed rate hikes
Demand for office leases is picking up, but interest rates are still a wild card The U.S. stock market looks poised for its best first quarter in five years, bolstered by a resilient economy, easing inflation and expectations for interest-rate cuts in 2024. For commercial real estate, the rebound has been far less spectacular. Overall […]
How Large Will Losses Be in Commercial Real Estate?
There will be losses stemming from commercial real estate, or CRE, portfolios for US banks, but they will be manageable for our coverage. We think New York Community Bancorp NYCB was uniquely risky and would have been highlighted as such by our risk screens. Rather than a real estate apocalypse, we see a small to medium drag […]
