An Open House in Multifamily?
Last weekend I had the opportunity to tour a 228-unit multifamily property in Irving, TX. The property was purchased last...
Fed Signals 75 Basis Point Hike – Time to Refinance?
Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise...
Is Sitting on the Sidelines a Good Idea?
In times of change, learners shall inherit the earth, while the learned find themselves beautifully equipped to deal with a...
Let it Float: Are Rate Caps Worth It?
Bridge loans make up a large part of today’s multifamily lending environment. The data below shows just how big of...
Is Now a Good Time to Refinance a Multifamily Deal?
The stock market is getting crushed this year. Crypto is imploding. The economy is on the verge of recession, and...
How Bridge Lenders Inflated the Multifamily Market
Commercial real estate is bought and sold primarily based on a stream of income. There are plenty of subjective factors...
What is Up with Interest Rates?
There is a lot of talk about interest rates lately. We started with 0% interest rates this year. We are...
Old Capital Speaker Series Recap
Last week Old Capital had JP Conklin, the founder of Pensford and host of The Rate Guy Podcast as a...
Multifamily Leverage: 70 is the New 80
The lending environment has changed rapidly over the last few weeks and months. Multifamily buyers at the end of 2021...
Multifamily Closing Costs: Recourse Bank Loan vs. Bridge Loan
A question I often receive from multifamily investors is what are the closing costs going to be on the loan?...