The Banks Are Not Okay
Markets are recognizing how precarious conditions for banks can be.
This author has not written his bio yet.
But we are proud to say that ADMIN contributed 86 entries already.
Markets are recognizing how precarious conditions for banks can be.
Letter exchanges with a four institutions could put additional chill in the air for CRE lending.
But potential distress is far worse — as much as $234.6 billion.
Excess inventory, maturing loans, tight spreads, and a lack of 1031 buyers put the pressure on.
As of Friday, the 10-year was still 130 basis points behind the three-month but only 24 behind the 2-year.
When it comes down to actual transactions, interest rate levels are still limiting real estate deals.
Refinancing problems are one of the reasons why delinquencies are expected to hit 4.5% this year.
A host of factors may continue to act as a drag – rather than a boost – to the markets though.
State Rep. Erin Grall said that the insurance industry “fabricated their arguments and data over the past few years to manufacture a crisis and push for various legislative reforms,” according to the Herald.
In other words, near-zero interest rates may be long out of play no matter how you look at current conditions.
Broker/President Ronald W. Osborne represents both buyers and sellers of commercial properties of all asset classes and types, focusing primarily on privately owned properties in South Florida, ranging in value from $1 to $10 million.
SperryCGA – RJ Realty
Phone:
954.381.0412
Email:
admin@RJ-Realty.com