作者:三马3ma
今早听了一个采访Walker Dunlop NY 老大的讲座,重点如下:
今早听了一个采访Walker Dunlop NY 老大的讲座,重点如下:
- liquidity to multifam and industrial especially new builts are still plentyful,with agency loans and insurance companies
- office underwriting is very challenging due to many uncertain factors
- retails and hotels very tough liquidity environment,No agency nor insurance capitals available,some CMBS and commercial banks loans,high Cap rate expected,low LTV and higher rate
- Expect Cap rate compression to continue for multifam in good locations,which without any extreme rent control policy,maybe to avg 3-4% Cap in future due to low cost of capital now.
- New purchase need to make sure rent roll is accurate and verified,any problem in rent collection?
- Dont suggest to go hunt for Really distressed property,they are bad for a reason. Buy good location and decent property,dont over leveraged 杠杆不要用过头
- Interest rate will go negative if Trump reelected,if Biden is President,rate will stay positive.