#RateUpdate As the first quarter of 2024 comes to a close, there are signs that the transaction revival has begun. The Fed Funds rate currently sits at 5.25-5.50%, while the 10-Year US Treasury Yield is at 4.35%. As a bechmark for costs on many stabilized properties, the 10-year UST yield is heavily influenced by investor expectations on where interest rates will be over the next 10 years. The upsurge in volume has been propelled by a blend of fast-approaching loan maturities, arguably stable rates, and eagerness from investors that have been sitting on the sidelines for 18 to 20 months and want to get back into the game.
As yields fluctuate, "current rates" quickly become obsolete. However, spreads remain applicable and fitting to deal characteristics. Though rates are important, having a well articulated and defined debt plan matching your long-term investment plan is vital. The experts at CommCap are here to help you understand goals and navigate the current market providing access to multiple lending sources, 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.