In a period of uncertainty, CRE multifamily landlords are reevaluating their finance options.

Mitchell Clarfield, executive vice chairman of Newmark's Multifamily Capital Markets Debt & Structured Finance group, said that players in the industry are making the switch from high variable loans that are over-levered, to shorter-term debt. They are mostly five-year executions now, according to Clarfield, who will be a speaker at GlobeSt.'s multifamily conference in mid-October. Plus, preferred equity, and joint venture structures, are also being deployed.

The goal is to lower costs. And those who are paying high rates right now might look to refinance, which is where Newmark is seeing a lot of activity, particularly.