These are the average available rates from eXp Commercial's Capital Partner CommLoan database of 700+ commercial lenders as of 1/16/2023 and are provided for comparison purposes only. Actual rates are dependent on property and sponsor.
Market Trends
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Multifamily rents cooling off at last? Compared to previous years, according to a new report by Apartment List. While prices remain up 5.5% year-over-year, they fall behind the Illinois average of 6.6% and outpace the U.S. average of 4%.
Regional and community banks have grabbed a larger market share of commercial real estate loans as banking giants like JPMorgan Chase, Bank of America and Wells Fargo have retreated from the market.
Everyone has eyes on the multifamily market activity as we move into the new year. Here’s a list of the four biggest multifamily trends we’re watching in 2022 and 2023.
Deadlines are approaching for those wishing to complete a Cost Segregation Study for their Commercial Real Estate and benefit from these tax benefits.