Alexander Szikla
Packing Away Summer Whites and Certainty: Mortgage Bankers Association Lowers Commerc
5 September 2024 | 0 replies
The CRE lending market is expected to recover gradually, with opportunities emerging as interest rates stabilize and maturing loans drive new borrowing activity.Some regional banks are certainly struggling while others are consolidating in bid to become national powerhouses.Revised CRE Lending Projections2024: 26% growth to $539 billion (down from previous 34% growth forecast)2025: 23% growth to $665 billion (slightly lowered from 24%)Multifamily Sector Adjustments2023: $246 billion (49% drop from 2022)2024: 21% growth to $297 billion2025: 31% growth to $390 billionMarket FactorsRecent moderation in interest ratesSignificant number of loans maturing soonProperty owners hesitant, hoping for further rate decreasesUncertainty persists in the market, particularly regarding interest rates and property owner behavior.
Joshua Christensen
Cash Flowing Condo from Day 1
5 September 2024 | 0 replies
My attorney's drafted the mortgage and note and we sent it to our favorite title broker at Fidelity National Title for closing.
Camren Ritchey
Deprecation when analyzing deals
3 September 2024 | 5 replies
The only exception to that is the Eastern Panhandle near DC.I’m not sure about this specific deal, but knowing the location and little to no cash flow, no way I would buy this.
Kevin Lee
Recent REI nation experience?
30 August 2024 | 3 replies
I'm curious if anyone has had any dealings with REI nation lately?
Andrew W.
New Construction Owner Builder - Construction Loan
7 September 2024 | 11 replies
I'm not sure about National banks but I have spoken to two regional banks who theoretically will allow it.
Nina Penuela
Huntsville, Alabama: Key Market Trends and Data for 2024
4 September 2024 | 2 replies
Major employers like NASA and Redstone Arsenal make Huntsville a stable market for real estate investment.Housing Market:Home prices in Huntsville have been steadily increasing, yet remain affordable compared to national averages.
Sam Gillett
60 Unit New Development in Cape Breton, Nova Scotia
2 September 2024 | 3 replies
Along with connections to IELTS Testing firms in India we have began what we refer to as a "pipeline" for international students looking to come to rural parts of eastern Canada to study.
Kunal Lakhwani
Experience with MN Property Nerds or Twin Cities Leasing
5 September 2024 | 16 replies
James manages quite a few properties and got into this by working several years at one of the larger national PM companies.
Sam Liu
Selling & Buying with 1031
5 September 2024 | 13 replies
Focusing on markets with stable property values or less exposure to national trends can also help.
Jeremy Beland
You ever have one of those deals that feels like a sure thing, only to watch it slip?
4 September 2024 | 2 replies
Some who work the virtual national model can see as many as 7 to 8 deals not close out of 10.