debt

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 program was rebooted earlier this year to raise the minimum threshold for investment. 

The financing was arranged by Lotus Capital Partners on behalf of the sponsors, Miami-based manager Gencom and New York-based Mohari Hospitality.

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

Two metrics are better than one, with market participants telling us DSCR is being commonly used alongside debt yield in evaluating lending opportunities.  

The firm continues to have good access to financing, albeit more expensive levels than in the past.

AFIRE survey shows reuse, redevelopment top of mind as market turbulence looms.

The firm is looking at opportunities in out-of-favor asset classes, with plans to deploy as much as $400m. 

Over the past 12 months, the firm has transacted on about $500m of acquisitions, evenly split between office and multifamily.

Hudson Valley Property Group continues to see liquidity from a wide range of lenders for its assets.