The recent market volatility has prompted banks to tighten credit standards and reduce leverage, providing some reassurance, as it indicates that we are not experiencing a credit freeze similar to the one seen during the subprime crisis in 2008.
As traditional banks adopt a more conservative approach, there is a potential for alternative lenders to take a slice of the market, even though financing may come at a higher cost of capital. In addition, with many maturities approaching, sponsors are actively exploring options for repositioning their assets and seeking innovative solutions.
In the current market climate, the quality of sponsorship plays a critical role in deal success, as lenders place significant emphasis on sponsors with proven track records and successful assets in the market. 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 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.