Anna-Marie Beal

The region’s well-developed banking market and strong macroeconomic features are creating a stable lending environment.

While borrowers are already feeling the impact of higher interest rates, the low DSCRs will present a particular problem as refinancing looms. 

Rising interest rates across global markets are having a cooling effect on the volume of assets changing hands and causing a lack of clarity over valuations.

The problem around securing interest rate caps at manageable prices is one factor affecting transaction volume in the US commercial real estate property markets.

The market will have to adjust to negative leverage by either having cap rates go up or investors willing to take a lower return.

The national commercial real estate lender was part of a capital stack that includes Fannie Mae and Freddie Mac. 

Pricing to hedge floating-rate loans against climbing interest rates is soaring amid market turmoil.

Sectors such as cold storage and pharmaceutical warehouses are seeing an uptick in demand.

The manager sees the current capital markets disruption as an opportunity to hone in on increased borrower demand in markets with good relative value. 

Diversity is changing the commercial real estate lending game