Prepayment Penalty Choices in the Era of Rising Interest Rates
Most commercial mortgages, particularly fixed-rate mortgages, have some sort of prepayment penalty. Lenders impose such a penalty to earn back some, or all, of the interest income they would have earned had the mortgage remained outstanding for its entire term.
Prepayment penalties generally come in one of three flavors: Continue reading
Freddie Mac’s new “Green Advantage” Loan Program
Freddie Mac’s new “Green Advantage” program can provide both better pricing and higher proceeds for multifamily projects that will undergo energy saving upgrades. Continue reading
New Loan Alternatives via CrowdFunding
The growth of the CrowdFunding sector in the last 2-3 years has been dramatic, and is likely to accelerate through 2018. Numerous websites and articles have been written to describe what this means for individual investors, but what about for real estate operators? Continue reading