Multifamily lending has slowed as buyers and sellers do battle over asset valuations, interest rates rise and the cost of capital continues to tick up, panelists at GlobeSt. Multifamily conference agreed. 

"It's hand to hand combat," said Gregory Reed, SVP Originations Multifamily and Finance at Capital One, at a panel on capital and lending resources. "It almost feels a little like Q4 2008."

As the Fed speeds up quantitative tightening, more product is coming online to compete with higher spreads.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

National
Multifamily
Capital Markets
Southwest