After dropping below 3.40% in early February, the 10-year UST soared past 3.90% in just 20 days, currently sitting at 3.92%. The rise in interest rates continues to cast a shadow on transaction volume in CRE, especially when compared to last year. With fewer transactions crossing the finish line, property values have begun to face stagnation and some barely see a decline. However, as the year progresses, more properties will need cash-in refinances or sales. As this occurs, deal flow will resume as well-capitalized investors look to deploy capital and prepare for future cycles.
As yields fluctuate, "current rates" quickly become obsolete. However, spreads remain applicable and fitting to deal characteristics. The experts at CommCap are here to help you understand goals and navigate the current market – early rate-locks, cash out refinancing, and more.
As your exclusive advisors, CommCap utilizes proprietary systems, market expertise, and years of experience to secure aggressive financing options that best fit your property. Exclusive correspondent and servicing relationships with Life Insurance Company, CMBS, and Agency lenders ensure a broad and in-depth representation of current market conditions. Our team of advisors craft a loan structured to enhance revenue and allow you to focus on increasing cash flow.
We do not list, sell, manage, or lease property. We only arrange financing and are the best at what we do.